Circle partners with Tereina to integrate USDC and EURC into SAP Pay

SAP: SAP is a leading provider of enterprise software used by businesses worldwide to manage operations, finance, and supply chains. It holds a stake in Tereina and has enabled native payment capabilities through the new SAP Pay service. SAP customers can now access stablecoin payments without leaving their existing software environment. Circle: Circle is a financial technology company that issues the regulated stablecoins USDC and EURC. It operates its own Arc Layer 1 blockchain optimized for stablecoin transactions and payments. The company is partnering with Tereina to integrate USDC and EURC into enterprise workflows starting with SAP Pay. Tereina: Tereina is a payments technology company in which SAP holds a stake. It recently launched SAP Pay, a native payments layer that enables businesses to send payments to suppliers, employees, and affiliates directly from SAP software in both traditional currencies and stablecoins. Tereina is partnering with Circle to bring USDC and EURC into these SAP-based enterprise payment flows. Blockchain Choice: Arc serves as the preferred blockchain for moving USDC and EURC in this enterprise integration. Enterprise Payments: Businesses gain the ability to process payments and settlements in stablecoins directly within the SAP software they already use for tracking finances and operations.