Circle has launched Arc to bring stablecoin payments and financial transactions onto a Layer 1 blockchain with fees paid in USDC. The company reported more than 100 applications at launch, with over 100 institutions and ecosystem builders live on or exploring its private mainnet before the public launch. The Circle Arc mainnet integrates with the [...] The post Circle Launches Arc Mainnet, Calling It Its Most ‘Significant Launch’ Since USDC appeared first on Fintech Singapore .
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Circle’s newly launched Arc blockchain, built to handle payments, tokenized assets, and institutional financial activity with backing from some of the world’s largest financial institutions, was quickly dominated by speculative memecoin trading on its first day. Arc went live on September 16 2026 with a founding validator group that includes BlackRock, VISA, MasterCard, the Depository Trust & Clearing Corporation, ICE, MoneyGram, Standard Chartered and other major financial firms. Circle Raises Over $200 Million for the Arc Blockchain Token Presale […]
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Fasset will list DDSC, the UAE’s dirham-backed stablecoin, once it receives approval from Dubai’s Virtual Assets Regulatory Authority (VARA). The listing will let users swap DDSC for dollar-pegged stablecoins such as USDC and USDT. DDSC is issued through a collaboration between International Holding Company (IHC), First Abu Dhabi Bank (FAB) and Sirius International Holding. It [...] The post Fasset Prepares to List DDSC while VARA Weighs Approval appeared first on Fintech News UAE .
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Stablecoin payments startup, Velocity, has raised another $10 million from investors including Visa Ventures, Circle Ventures, and Ripple, taking its Series A funding to $48 million and valuing the London-based company at $200 million. Haun Ventures, Translink Capital, and Mirana Ventures also participated in the extension which follows a $38 million Series A announced in July 2026. CEO, Eric Queathem, said the original round was oversubscribed. The funding highlights growing interest from established payments and crypto companies […]
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Banking Circle will support OSL’s stablecoin and fiat payments across five more currencies. The expanded partnership adds Australian dollars, British pounds, Hong Kong dollars, Singapore dollars and US dollars to the existing euro support. Banking Circle will provide infrastructure for fiat settlement, cryptocurrency conversion and liquidity management across OSL’s business platforms. OSL will also use [...] The post Banking Circle Expands OSL Stablecoin Payments to Five More Currencies appeared first on Fintech Singapore .
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Circle’s planned $400 million acquisition of Singapore-based cross-border payments firm TazaPay will give the USDC issuer access to local payment rails, banking relationships and regulatory infrastructure that could otherwise take years to build. “This is the latest signal that stablecoins’ next battleground is in emerging markets,” Martins Benkitis, Co-Founder and CEO of global liquidity provider, Gravity Team. CASE STUDY | Why USDC Issuer, Circle, Acquired this Leading Asian Local Payments Platform TazaPay operates across more than 100 […]
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Circle Internet Group has signed a definitive agreement to acquire Singapore-headquartered Tazapay for approximately $400 million in an all-stock transaction. The deal, announced September 8, 2026, marks the first major acquisition for the stablecoin issuer since its June 2025 initial public offering. By utilizing its own equity as currency, Circle is effectively leveraging its post-IPO […]
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Circle is buying TazaPay for $400 million in stock because it gives Circle something it cannot get simply by issuing more USDC: Direct control over the payment infrastructure that moves money between stablecoins and local financial systems. Circle says Tazapay brings 60+ banking and fintech partners, payout rails in more than 100 markets and more than $25 billion in annualized payment volume. Importantly, about 60% of Tazapay’s transaction volume already involves stablecoins, meaning Circle is acquiring an existing distribution […]
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Circle has agreed to acquire Singapore-based cross-border payments firm Tazapay in an all-stock deal valued at US$400 million, according to a regulatory filing. The deal is expected to close in 2027, subject to customary conditions and regulatory approvals, including approval from the Monetary Authority of Singapore. Tazapay provides business-to-business payment infrastructure to payment service providers [...] The post Circle to Acquire Tazapay for US$400 Million With US$25 Million Staff Stock Awards appeared first on Fintech Singapore .
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Circle Internet Group, Inc. (NYSE: CRCL), the global financial technology firm and issuer of USDC has announced it has signed a definitive agreement to acquire TazaPay, a Singapore-headquartered B2B cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore. “Combining USDC with Tazapay’s world-class banking relationships, local payout rails, and […]
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A Tazapay processa um volume anualizado de US$ 25 bilhões e oferece canais de pagamento em mais de 100 mercados, ampliando o alcance dos pagamentos da Circle com USDC.
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The key point is that USDC velocity shows how heavily the network is being used, but circulation determines the size of the asset base Circle can earn interest on. Circle’s own filings make that distinction clear: reserve income is calculated from the amount of USDC in circulation and the reserve return rate, not from how many times those dollars move. USDC is moving trillions. But circulation – not velocity – is what is driving Circle’s revenue. Circle […]
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Nium now allows businesses to fund their accounts with USDC and make fiat payouts in more than 190 countries. Deposited USDC is automatically converted into US dollars and credited to the customer’s Nium account. The funds can then be sent in local currencies through the company’s existing payment network. Existing clients do not need to [...] The post Nium Now Lets Businesses Use USDC for Cross-Border Fiat Payouts appeared first on Fintech Singapore .
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Social media platform, X, is reportedly exploring the use of the USDC stablecoin to pay royalties to influencers and content creators, according to a person familiar with the discussions. The talks are ongoing and no final decision has been made. X did not immediately respond to a request for comment. REGULATION | X (Twitter) Acquires 7 Currency Transmitter Licences in the United States The move comes as X revamps its creator compensation model replacing its Revenue Sharing programme […]
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