Press Enter to search · ESC to close

Crypto DeFi

Circle Partners With SAP-Backed Tereina to Bring USDC, EURC to Enterprise Payments

Circle has partnered with Tereina, a financial services firm backed by German enterprise software company SAP, to bring USDC and EURC into SAP clients’ enterprise payment flows. Businesses using SAP finance software can send and receive both stablecoins within existing applications, with USDC for dollar-denominated transactions and EURC for euro payments. The two plan to test stablecoin integration with customers over the coming months for global payments and treasury management.

Original source

AI take

This matters less as a stablecoin story than as an enterprise distribution story: stablecoins reaching SAP clients through existing finance software is a different adoption path than crypto-native venues, and pairing USDC with EURC signals that euro-denominated corporate flows, not just dollar ones, are part of the pitch. The audience is corporate treasury and finance teams already inside SAP, who get the option without new infrastructure. Whether the coming customer tests convert into live payment and treasury use cases is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback