Circle has partnered with Tereina, a financial services company backed by SAP, to integrate the USDC and EURC stablecoins into SAP’s enterprise payment software stack. The rollout will begin with SAP Cloud ERP and will be offered to eligible business customers through SAP Pay. According to the announcement cited by BlockBeats, the setup is designed to let companies send and receive stablecoin payments inside their existing SAP business applications and payment workflows, without moving to a separate crypto asset system. In the planned use cases, USDC will be used mainly for U.S. dollar-denominated payments, while EURC will support euro-denominated business transactions. Circle and Tereina also said they plan to run customer validation projects in the coming months to test stablecoin payment functions in areas including global payments and corporate treasury management.
Circle has entered a partnership with Tereina, a financial services company supported by SAP, to integrate the USDC and EURC stablecoins into SAP’s enterprise payment software system, according to BlockBeats on Oct. 8.
The integration will start with SAP Cloud ERP and will be made available to eligible enterprise customers through SAP Pay. Under the arrangement, businesses will be able to send and receive stablecoins within their existing SAP business applications and payment workflows, without switching to a separate crypto asset system.
USDC is set to serve payment scenarios denominated in U.S. dollars, while EURC will be used for euro-denominated business activity. Circle and Tereina said they plan to launch customer validation projects over the coming months and test stablecoin payment functions in use cases including global payments and enterprise treasury management.
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