Circle Brings USDC and EURC Closer to the Corporate Finance Department
TL;DR: Circle and SAP-backed Tereina plan to embed USDC and EURC payments into enterprise workflows, beginning with SAP Cloud ERP. Stablecoin adoption inside businesses may depend on making blockchain invisible to the people approving invoices. Circle and SAP-backed Tereina announced a partnership on October 7 to incorporate USDC and EURC into Tereina’s enterprise payment infrastructure, starting with SAP Cloud ERP. The goal is to let finance teams send and receive stablecoin payments without switching to a separate cryptocurrency application. That matters because the work around a payment — approval, reconciliation, supplier information and accounting records — can be more expensive to change than the transfer itself. Circle supplies the digital currencies, while Tereina is building the integration into established business systems.
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