Circle, Coinbase and Ripple Back Tazapay’s $36M Stablecoin Payments Raise

Tazapay announced a Series B extension that raised $36M to build cross-border stablecoin payments infrastructure. The round was led by Circle Ventures, with participation from Coinbase Ventures, Ripple, and CMT Digital. Tazapay says it serves 1,000+ enterprises and fintechs across 30 countries. It holds licences in Singapore, Canada, Australia, and the United States, with additional applications pending for the European Union, the UAE, and Hong Kong. The new capital will help it secure more licences and expand operations across Asia, Latin America, the Middle East, and the Americas. The company will further invest in its cross-border digital settlement technology and also fund infrastructure for “agentic payments.” The development fits a broader trend: institutional support is increasingly flowing into regulated, stablecoin-enabled fiat rails. The article also references Ripple Payments’ expansion into an end-to-end stablecoin-and-fiat platform (60+ markets, $100B+ processed volume) and Conduit’s $36M Series A to scale a payment network as an alternative to SWIFT. For traders, this $36M stablecoin payments raise is more sentiment- and adoption-supportive than a direct token catalyst. It may lift confidence around compliant payment infrastructure, but it is unlikely to move major crypto prices on its own in the near term.