Circle's $400 million Tazapay stock deal targets local payouts across 100-plus markets. The acquisition awaits regulatory approvals and a 2027 closing.
Circle reported $701 million in Q2 revenue and $48 million in net income as USDC circulation reached $73.3 billion, while onchain volume rose 151% year over year.
Circle acquired IBM blockchain patent assets spanning more than 680 families and nearly 1,000 issued patents, adding an IP layer to USDC, Arc and its payments network.