Circle has agreed to acquire Singapore-based cross-border payments company Tazapay for $400 million in Circle Class A common stock, expanding its access to payment infrastructure across more than 100 markets. Tazapay handles more than $25 billion in annualized payment volume through a network of more than 60 banking and fintech partners, with more than 60% of transaction volume involving stablecoins as of July 31, 2026. The transaction is expected to close in 2027, pending approval from the Monetary Authority of Singapore and other regulatory clearances. Separately, Uniswap generated about $66.8 million in weekly protocol fees, overtaking Circle as the second-highest fee-generating crypto protocol behind Tether. Circle shares fell 5.8% on Sept. 8 to close at $96.18 after the acquisition announcement.