SAP Pay adds USDC payments, with Circle Mint access required

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Circle has added a USDC payment route to SAP Pay through a partnership with payments provider Tereina, allowing eligible businesses to use stablecoins within their existing SAP workflows. Access requires an institutional Circle Mint account and depends on regional availability, with SAP announcing general availability in the United States and United Kingdom. USDC will be the preferred stablecoin for dollar-denominated workflows, with EURC offering an option for euro activity. Use cases include cross-border supplier payments, transfers between company entities, and settling accounts payable and receivable. No transaction volumes or measured customer savings for the integration have been disclosed, with joint proof-of-value programs planned.

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Telemac
Telemachttp://cryptoinfo.ch
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