Circle has entered a partnership with Tereina, a financial services company backed by German enterprise software firm SAP, to add USDC and EURC to payment workflows used by SAP customers. Under the arrangement, companies using SAP finance software will be able to send and receive the two stablecoins inside their existing applications, with USDC used for U.S. dollar-denominated transactions and EURC for euro-denominated payments. Tereina provides payment infrastructure that can be embedded into enterprise software, allowing businesses to complete payments without moving to a separate financial platform. The companies said they plan to test the stablecoin integration with customers over the coming months for global payments and treasury management. The move comes less than a month after Circle launched Arc mainnet, a layer-1 blockchain focused on stablecoin payments and financial markets. Arc uses USDC for gas fees and supports more than 20 fiat-backed stablecoins, including USDC and EURC. Cointelegraph was cited as the source in the original report.
Circle, the company behind the stablecoin USDC, has teamed up with Tereina — a financial services firm backed by German enterprise software giant SAP — to bring USDC and EURC into enterprise payment flows for SAP customers.
That means companies running SAP finance software will be able to send and receive both stablecoins inside the applications they already use. Simple enough. USDC will handle U.S. dollar-denominated transactions, and EURC will handle euro-denominated payments.
Tereina builds payment infrastructure that slots into enterprise software, letting businesses make payments without jumping over to a different financial platform. And the two companies say they plan to test the stablecoin integration with customers in the coming months for global payments and treasury management.
SAP's ecosystem accounts for 84% of global commerce activity.
This deal lands less than a month after Circle rolled out Arc mainnet, its layer-1 blockchain aimed at stablecoin payments and financial markets. Arc uses USDC to pay transaction fees and supports more than 20 fiat-backed stablecoins, including USDC and EURC.
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