The battle for stablecoins has moved from “competing to issue more” to “competing to build the payment network” 🔥
Circle, the issuer of USDC, officially announced the acquisition of Singapore cross-border payments platform Tazapay.
The amount hasn’t been disclosed; it’s expected to be rolled out in 2027, and it still has to clear Singapore’s central bank regulator.
What’s Tazapay’s background? Its annual trading volume has already hit $25 billion.
In August last year it was $10 billion—less than a year later, it’s nearly tripled.
More than 60 banks and fintech partners have laid out withdrawal channels across 100+ markets.
On the platform, 60% of transactions directly settle using stablecoins.
What is Circle trying to do? It’s obvious: make USDC the default rail for cross-border payments.
In the future, companies sending money overseas will get near-instant settlement, 24/7—no stopping.
The acquisition focus is still Asia-Pacific and emerging markets, where cross-border remittance demand is strongest.
The old playbook—with intermediaries taking layer upon layer of fees—is slow, and costly.
This stablecoin path effectively cuts out the middlemen.
Before, at the table for cross-border payments, it was banks and card networks.
Now, companies issuing stablecoins are stepping in directly to buy payment platforms.
This signal is more real than any slogan—payment networks are the real endgame for stablecoins.
For regular people, this is actually pretty straightforward.
Right now, when you send money abroad, the combination of fees and exchange-rate spread really hurts.
Once stablecoin payment networks are fully rolled out, cross-border transfers will be as fast as sending a text message.
The picture you see here—nobody could have imagined it ten years ago.
After the acquisition news broke, their stock price dropped 2% in pre-market trading.
The comments are already arguing: is this a bargain or just someone “catching the falling knife”?
Either way, when the giants spend their money, they’re buying positions in the future.
Whoever gets the network filled first will hold the next round of entry tickets.
Every day I’ll bring you coverage of stablecoin news—not just what happens, but the logic and opportunities behind it 👀🚀
Click the link below to follow me👇🏻
👉 加入小恐龙粉丝群
#USDC #稳定币 #跨境支付
Circle, the issuer of USDC, officially announced the acquisition of Singapore cross-border payments platform Tazapay.
The amount hasn’t been disclosed; it’s expected to be rolled out in 2027, and it still has to clear Singapore’s central bank regulator.
What’s Tazapay’s background? Its annual trading volume has already hit $25 billion.
In August last year it was $10 billion—less than a year later, it’s nearly tripled.
More than 60 banks and fintech partners have laid out withdrawal channels across 100+ markets.
On the platform, 60% of transactions directly settle using stablecoins.
What is Circle trying to do? It’s obvious: make USDC the default rail for cross-border payments.
In the future, companies sending money overseas will get near-instant settlement, 24/7—no stopping.
The acquisition focus is still Asia-Pacific and emerging markets, where cross-border remittance demand is strongest.
The old playbook—with intermediaries taking layer upon layer of fees—is slow, and costly.
This stablecoin path effectively cuts out the middlemen.
Before, at the table for cross-border payments, it was banks and card networks.
Now, companies issuing stablecoins are stepping in directly to buy payment platforms.
This signal is more real than any slogan—payment networks are the real endgame for stablecoins.
For regular people, this is actually pretty straightforward.
Right now, when you send money abroad, the combination of fees and exchange-rate spread really hurts.
Once stablecoin payment networks are fully rolled out, cross-border transfers will be as fast as sending a text message.
The picture you see here—nobody could have imagined it ten years ago.
After the acquisition news broke, their stock price dropped 2% in pre-market trading.
The comments are already arguing: is this a bargain or just someone “catching the falling knife”?
Either way, when the giants spend their money, they’re buying positions in the future.
Whoever gets the network filled first will hold the next round of entry tickets.
Every day I’ll bring you coverage of stablecoin news—not just what happens, but the logic and opportunities behind it 👀🚀
Click the link below to follow me👇🏻
👉 加入小恐龙粉丝群
#USDC #稳定币 #跨境支付
