Circle has agreed to acquire Tazapay, a cross-border payments company, for 400 million. This was reported by CoinDesk.

According to the assessment provided in the material description, the deal could provide Circle with regulated 'last-mile' infrastructure—a linking element between stablecoins and traditional local banking systems.

The available package contains only metadata and a brief description of the CoinDesk publication, so the terms of the agreement, approval status, and next steps remain undisclosed.