Circle Brings USDC and EURC Payments to SAP
The integration lets eligible businesses send, receive and reconcile stablecoin payments inside SAP workflows, with proof-of-value programs planned in the coming months.
- On Wednesday, Circle announced a partnership with SAP-backed Tereina to integrate USDC and EURC into SAP Pay, allowing businesses to settle stablecoin payments directly within their enterprise software workflows.
- Tereina launched the SAP Pay service on Tuesday, embedding payment capabilities into SAP Cloud ERP systems; CEO Cedric Bru described the offering as "a native feature" comparable to Apple Pay.
- The system supports traditional payment rails like ACH alongside stablecoins, with Circle's Arc blockchain serving as the preferred network for initial workflows though not required for every transaction.
- Tereina and Circle plan to launch customer proof-of-value programs over the coming months, with the partnership claiming a 25% reduction in payment costs through existing provider partnerships.
- Circle CEO Jeremy Allaire said stablecoins are becoming a "core infrastructure layer for global commerce," positioning the integration to reach an SAP ecosystem that reportedly supports 84% of total global commerce.
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SAP-backed Tereina launches payment service inside SAP's business software
Tereina, a payments company in which SAP owns a stake, on Tuesday launched technology that lets businesses pay suppliers, employees and affiliates directly from their SAP software in traditional currencies or stablecoins.
SAP Just Added Stablecoin Settlement to the Software That Runs 84% of Global Commerce
Institutional stablecoin adoption has long been a scavenger hunt for viable infrastructure, a series of bypasses built around the legacy banking system. We have seen the plumbing emerge in fits and starts: SoFiUSD on Mastercard, Visa’s $20 billion annualized stablecoin settlement, Stripe’s $1.2 billion in September card volume, and the atomic precision of Solana DvP. […]
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Tron Weekly JournalCircle and Tereina Bring USDC and EURC Into SAP Enterprise Payments
The post Circle and Tereina Bring USDC and EURC Into SAP Enterprise Payments appeared first on Coinpedia Fintech News SAP-backed payments firm Tereina and Circle have confirmed the Partnership to bring USDC and EURC stablecoin payments into enterprise business systems, starting with SAP Cloud ERP. The integration will allow eligible businesses to send and receive stablecoins through applications they already use. Circle and Tereina Bring Stable…
Circle and Tereina plan to incorporate payments in USDC and EURC to SAP Pay and SAP Cloud ERP for eligible business customers. Arc will be the preferred network for certain payouts, while companies prepare pilots and training, without yet announcing a full deployment schedule.
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Crypto ReporterTereina, an SAP-Backed Company, and Circle Bring USDC and EURC into Enterprise Workflows, Starting with the SAP Ecosystem Behind 84% of Global Commerce
Tereina, an SAP-backed financial services company built to embed agentic payments directly into the business applications enterprises already run, and Circle Internet Group (Circle), one of the world’s leading internet financial platform companies and the issuer of USDC and EURC1 through its regulated entities, today announced a partnership to integrate USDC and EURC into Tereina’s payments infrastructure, starting with SAP Cloud ERP.
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