Circle Brings USDC and EURC Payments to SAP Cloud ERP

Circle has partnered with SAP-backed Tereina to bring USDC and EURC stablecoin payments into SAP business software, starting with SAP Pay and SAP Cloud ERP. According to CryptoNews, the integration allows eligible enterprise customers to send and receive stablecoin payments through applications they already use, with USDC serving dollar-denominated payments and EURC supporting euro-denominated activity.

SAP Pay Integration and Workflows

The partnership connects Circle’s stablecoins directly with SAP Pay, which Tereina operates inside SAP Cloud ERP. Finance teams can access supported stablecoin payment functions without moving transactions into a separate application. SAP describes SAP Pay as an embedded payment service capable of handling traditional payment rails alongside stablecoins, covering more than 40 currencies and 89 payment corridors. Customers can use a pre-integrated Circle Mint account for USDC payments while retaining control over payment timing, currency, and method.

Arc Blockchain Selection

Arc, Circle’s Layer 1 blockchain, will serve as the preferred blockchain for the partnership's initial payment workflows. However, the integration does not require every SAP Pay transaction to settle on Arc, as the platform supports multiple payment rails. Tereina and Circle plan to begin customer proof-of-value programs, training programs, and enterprise stablecoin studies over the coming months before expanding commercial implementations.

Key facts

• Partnership integrates USDC and EURC into SAP Pay and SAP Cloud ERP.
• Arc serves as the preferred blockchain for initial payment workflows.
• SAP customers generate 84% of global commerce.
• USDC circulation stood at $74.1 billion on October 5 according to reserve data.