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Uniswap tops Circle as 2nd highest crypto fee earner; Circle expands USDC payments with $400M Tazapay buy

Protocol Fundamentals
09 Sep 2026, 10:00 WIB
AMBCrypto
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Bullish
Uniswap tops Circle as 2nd highest crypto fee earner; Circle expands USDC payments with $400M Tazapay buy

Uniswap generated $66.8 million in protocol fees last week, surpassing Circle to become the second-highest fee-generating crypto protocol after Tether. This growth is partly driven by increased activity on Robinhood’s new Ethereum Layer 2, boosting demand for on-chain trading on Uniswap. Meanwhile, Circle is focusing on expanding its USDC stablecoin payments by acquiring Singapore-based payments platform Tazapay for $400 million in an all-stock deal expected to close in 2027. Tazapay handles over $25 billion in annual payment volume and works with more than 60 banking and fintech partners, broadening Circle’s global payment reach.

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