Circle Acquires Tazapay as Visa Expands Stablecoin Lending
Circle plans to acquire stablecoin-focused payouts provider Tazapay, which processes over $25 billion in annual payment volume and about 60% stablecoin payments, with deal close expected next year. The move follows Visa’s Stablecoin Platform rollout and its claim of 160+ stablecoin-linked card programs. Visa also announced support for onchain lending via card-linked stablecoin programs.