Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.
- Circle's $400 million acquisition of Tazapay brings payment rails and banking relationships that would otherwise take “years to build,” Circle SVP of Payments Irfan Ganchi told CoinDesk.
- The deal would bring the “last-mile operator” into Circle's payments business and could help drive volume through Circle Payments Network, Clear Street's Owen Lau told CoinDesk.
- Tazapay's reach across more than 100 markets strengthens Circle's emerging-market push, where stablecoins' “next battleground” is taking shape, said Martins Benkitis, CEO of global liquidity provider Gravity Team.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Crypto poured years into new products. The next challenge is keeping users
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Original sourceCoinDesk
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