Circle and Tereina signed an agreement to integrate USDC and EURC stablecoins into SAP’s enterprise payment infrastructure, allowing SAP customers to settle transactions using digital assets directly through their existing business applications.
U.S.-based Circle Internet Group, the issuer of USDC and EURC stablecoins, announced plans to connect its infrastructure to Tereina’s payment platform. The integration will allow SAP’s enterprise customers to send and receive stablecoin payments without implementing separate systems for digital asset transactions.
SAP is one of the world’s largest enterprise software developers, offering enterprise resource planning (ERP) systems for managing finance, procurement, sales, and other business processes. SAP Cloud ERP includes SAP Pay, an embedded payment solution powered by Tereina. According to SAP, companies using its software collectively account for about 84% of global commerce.
The partnership between Circle and Tereina will integrate stablecoins into SAP’s enterprise payment workflows through SAP Pay. The integration will be available to companies that meet the applicable requirements. Businesses will be able to use blockchain-based settlements within their existing financial processes, including cross-border payments and treasury management.
The integration will support 2 stablecoins:
USDC will be the preferred option for U.S. dollar-denominated payments.
EURC will be available for euro-denominated settlements.
Over the coming months, Circle and Tereina plan to work with SAP enterprise customers to assess the effectiveness of stablecoins in payment workflows. The companies also plan to provide training for treasury and payment professionals and collaborate with SAP technology partners to incorporate stablecoin settlements into corporate financial processes.
As the projects progress, the companies will collect data on the practical use of digital assets in enterprise payment workflows to assess opportunities for broader adoption of the technology.
Circle CEO Jeremy Allaire said integrating USDC and EURC into applications businesses already use should make it easier to adopt stablecoins for everyday financial operations. According to Allaire, the partnership will allow companies to benefit from faster, programmable, and globally accessible settlements.
Tereina CEO Cedric Bru noted that the partnership will make stablecoin payments an embedded feature of enterprise software while preserving businesses’ existing operational workflows.
Enterprise settlements are becoming one of the key use cases for stablecoins. According to a recent study, 13.4% of companies already use stablecoins for cross-border payments, while another 9.1% plan to adopt them within a year.
