Flash
Circle joins forces with SAP-backed Tereina to bring USDC and EURC to corporate payments
Circle has signed a cooperation agreement with Tereina, a financial services company backed by SAP, aiming to integrate USDC and EURC stablecoins into corporate payment systems. Enterprise users relying on the SAP financial system can directly operate these two stablecoins in daily payment management applications. Among them, USDC will be designated as the preferred stablecoin for dollar-denominated transactions, and EURC will focus on euro-denominated payment scenarios. Tereina provides enterprise-class payment infrastructure that supports embedded integration, allowing companies to implement payment functions without migrating to a separate financial platform. Both parties revealed that they plan to conduct testing of stablecoin integration solutions with customers in the next few months, covering global payment and fund management fields. The announcement shows that the SAP ecosystem supports 84% of global business activities, and this foundation provides broad implementation space for the stablecoin integration solution.