Institutional tracking | Circle is competing for payment access—not just exchange balances.
CoinDesk reported on October 16 that Circle is expanding its digital dollar payment business in emerging markets and has agreed to acquire Tazapay for $400 million. Note: agreeing to an acquisition does not mean the deal has closed.
My focus is on local payment access, actual settlement volumes, and compliance costs. Growth in payment volume does not mean funds will immediately buy BTC, and it certainly cannot replace evidence from ETF net flows. #USDC #Stablecoins
CoinDesk reported on October 16 that Circle is expanding its digital dollar payment business in emerging markets and has agreed to acquire Tazapay for $400 million. Note: agreeing to an acquisition does not mean the deal has closed.
My focus is on local payment access, actual settlement volumes, and compliance costs. Growth in payment volume does not mean funds will immediately buy BTC, and it certainly cannot replace evidence from ETF net flows. #USDC #Stablecoins