Tereina and Circle partner to add stablecoins to SAP payments

Tereina, an SAP-backed financial services company, and Circle Internet Group (NYSE: CRCL) announced a partnership to integrate Circle's USDC and EURC stablecoins into Tereina's payments infrastructure, beginning with SAP Cloud ERP.

The partnership aims to allow businesses to send and receive stablecoin payments within existing enterprise applications, rather than through separate systems. For USD-denominated workflows, USDC will serve as the primary stablecoin, while EURC will be available for euro-denominated transactions.

The integration will be accessible to SAP customers through SAP Pay. According to the press release, the SAP ecosystem is associated with 84% of global commerce.

Jeremy Allaire, co-founder, chairman and CEO of Circle, said: "Working with Tereina to bring USDC and EURC into the applications that enterprises already use is an important step toward making internet-native money easier to integrate into everyday business operations."

Cedric Bru, CEO of Tereina, said: "This partnership with Circle makes it easy to move into the future without changing how businesses already operate — stablecoin payments become a native feature of the applications they already trust."

In the coming months, the two companies plan to conduct joint proof-of-value programs with customers, train treasury and payments specialists, and work with ecosystem partners on stablecoin-enabled payment initiatives. They also intend to gather data on enterprise stablecoin adoption as implementations progress.

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