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Circle acquires Tazapay for $400 million, aiming to expand into emerging markets through the deal.
Stablecoin issuer Circle has acquired payments firm Tazapay for $400 million, aiming to expand the reach of its USDC stablecoin in emerging markets. One expert noted that the "next battleground" for stablecoins is in emerging markets, a sector where rival Tether has long held an advantage.
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