Partnership Details and Scope

Circle and Tereina, an SAP-backed payments company, announced on October 7, 2026, a partnership to embed USDC and EURC into enterprise payment workflows. The integration starts with SAP Pay, a business-to-business payments service operating inside SAP Cloud ERP. Eligible companies will be able to send and receive stablecoin payments through the same applications their finance teams already use for invoice and purchase-order management.

USDC will serve as the preferred stablecoin for eligible U.S.-dollar payment workflows, while EURC will support euro-denominated activity. These digital-currency options will operate alongside traditional rails such as automated clearing house transfers, electronic funds transfers, wire transfers, and checks. The service currently covers 89 global payment corridors and more than 40 currencies. Every transaction undergoes Office of Foreign Assets Control screening as well as know-your-customer and anti-money-laundering checks.

Businesses with a pre-integrated Circle Mint account can initiate USDC payments that execute and reconcile automatically against the originating invoice or purchase order inside existing SAP workflows. Companies retain control over payment timing, currency selection, and method.

Reach Across the SAP Ecosystem

The partnership targets an SAP customer base that the companies state is linked to 84 percent of global commerce. Independent SAP documentation indicates that 99 of the world’s 100 largest companies use SAP products. By placing stablecoin settlement directly inside Cloud ERP, the arrangement removes the need for separate payment portals or manual file transfers between systems.

SAP Pay itself was introduced around October 6, 2026, as an embedded service that combines conventional payment rails with stablecoin settlement and automated reconciliation. The addition of EURC expands the earlier USDC capability already available through native Circle integration.

Role of the Arc Blockchain

Arc, Circle’s Layer 1 blockchain, will act as the preferred network for the initial stablecoin payment workflows. Arc’s public mainnet launched on September 16, 2026, offering deterministic sub-second settlement and using USDC for transaction fees. The network began with support from more than 100 institutional and ecosystem participants and a founding validator group that includes major financial institutions.

The partnership does not require every SAP Pay transaction to settle on Arc. Businesses can continue selecting among multiple supported payment rails while Arc provides the preferred route for eligible stablecoin activity.

Statements From Company Leaders

Tereina’s chief executive also stated the objective of making stablecoin payments a native feature inside the applications businesses already employ.

Next Steps and Broader Context

Tereina and Circle plan to launch customer proof-of-value programs in the coming months. The companies will also provide training for treasury and payments specialists and collaborate with ecosystem partners on stablecoin-enabled enterprise payment projects. No participating customers, expected transaction volumes, or firm commercial-deployment timetable have been disclosed.

As of October 5, 2026, USDC circulation stood at $74.1 billion, supported by $74.3 billion in reserves. Looking further ahead, Tereina has indicated interest in linking the payment system with SAP’s Joule AI agents, which could eventually support automated creation, approval, and execution of cross-border stablecoin payments.