Circle integrates USDC and EURC into SAP's enterprise payment ecosystem

On October 8, according to Cointelegraph, Circle has partnered with Tereina, an SAP-affiliated enterprise, to integrate its issued USDC and EURC stablecoins into SAP Pay and SAP Cloud ERP payment infrastructure. The collaboration aims to simplify settlement processes for multinational corporations and their suppliers by directly processing on-chain payments through existing enterprise resource planning interfaces.

This integration will be available to all SAP customers, covering their extensive enterprise ecosystem network. This ecosystem currently supports approximately 84% of global commercial transaction volume. The project team stated that this initiative enables enterprises to route banking and cryptocurrency payment funds within a unified workflow, breaking down the boundary between traditional treasury management and digital asset settlement.