【Market Flash】The offline reach of the digital dollar is set to expand to more than 100 markets, targeting the last mile of payments in emerging markets. Circle plans to acquire Tazapay in an all-stock deal valued at around $400 million. The deal is pending completion and is expected to close in 2027. If completed, it would extend Circle’s local payment connections to more than 100 markets, and the company also plans to enter around 40 emerging markets. Circle reported $1.395 billion in revenue and reserve income in the first half of the year. If payment networks are rolled out first, could real-world stablecoin use cases grow faster than trading demand?
(Source: Blockonomi)
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