Circle is making its USDC and EURC stablecoins available to businesses through Tereina, an SAP-backed software provider, letting companies send and receive the tokens inside the financial software they already use.
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Circle is extending its USDC and EURC stablecoins to business users through Tereina, an SAP-backed software provider, according to a Cointelegraph report dated Oct. 7, 2026. Under the arrangement, companies can send and receive the two Circle-issued tokens from within the financial software they already use, rather than through a separate crypto platform. USDC is Circle's dollar-denominated stablecoin, while EURC is its euro-denominated equivalent. The stated focus is on business payment flows, which places the arrangement in the enterprise finance stack rather than in retail trading.
Enterprise resource planning and financial management systems are where invoices are issued, approvals granted and accounts reconciled at large companies. Adding payment capability inside that environment means a treasury or accounts-payable team can initiate a transfer without leaving the system that records the transaction. That removes the manual step of matching a bank or exchange statement back to an internal ledger, a reconciliation burden that has historically slowed corporate use of digital assets. Because multinational groups often run supplier and intercompany payments through the same platforms, the distribution channel can matter as much to adoption as the token itself.
Stablecoins are designed to track a reference currency — USDC the US dollar, EURC the euro — which makes them usable for settlement rather than trading. In cross-border business payments, they can be transferred around the clock, independent of correspondent banking hours that vary by time zone and pause on weekends. A euro-denominated token gives companies that invoice in euros a way to pay or be paid without first converting into a dollar-denominated instrument. Adoption still depends on how these flows are recorded for accounting, tax and audit purposes, since finance teams must fit any new payment method into existing reporting rules.
Stablecoin issuers operate under an evolving patchwork of rules across major markets. In the European Union, the Markets in Crypto-Assets regulation applied its stablecoin provisions from mid-2024, setting licensing, reserve and disclosure requirements for issuers of tokens such as EURC. For enterprises, the practical question is whether the issuer of a given token is supervised in the jurisdictions where the company operates and reports. That kind of clarity is often a precondition for a finance department to approve a new payment method.
According to a Cointelegraph report dated Oct. 7, 2026, Circle is bringing its USDC and EURC stablecoins to business users through Tereina, an SAP-backed software provider. The arrangement lets companies send and receive the two tokens from inside the financial software they already use, rather than through a dedicated crypto platform.
USDC is a stablecoin issued by Circle that is designed to track the value of the US dollar, while EURC is Circle's euro-denominated equivalent. Both are intended for payments and settlement rather than for speculative trading, which is why they are commonly discussed in the context of business transfers and cross-border flows.
Corporate finance teams already issue invoices, approve payments and reconcile accounts inside enterprise resource planning and financial management systems. If a stablecoin transfer can be initiated and recorded in that same environment, it avoids a separate workflow and the manual work of matching an outside statement to the internal ledger. That operational fit is generally the deciding factor for whether a new payment method gets used at scale.
What the partnership covers
Why enterprise software is the distribution channel
Stablecoins in cross-border business settlement
The regulatory backdrop for stablecoin payments
Competitive and structural context
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Circle is not alone in targeting corporate cross-border flows. Banks have pursued tokenized deposit projects aimed at similar treasury use cases, though those settle in commercial bank money rather than in a token issued by a non-bank company. Card networks and payment processors are also competing for the same corporate payment volumes through their own platforms. In this setting, distribution agreements with established software vendors can be decisive, because the buying decision typically sits with a company's finance organization rather than with a technology team. Whether such integrations reach into actual settlement, or only into payment initiation, will shape how much of the payment flow changes hands.
No. The report describes an option being made available to business customers, not an obligation to use it. Companies can continue with their existing payment methods, and the stablecoin capability would be an additional route for sending and receiving funds.
Traditional cross-border payments often rely on correspondent banking arrangements, which can take days to settle and pause outside banking hours. Stablecoin transfers can be initiated at any time and settle independently of those schedules, which is part of their appeal for business-to-business payments. The trade-off is that companies still need the flows to satisfy their accounting, tax and audit requirements.
Stablecoin issuers are subject to different rules in different jurisdictions. In the European Union, the Markets in Crypto-Assets regulation applied its stablecoin provisions from mid-2024, covering licensing, reserves and disclosure for issuers of tokens such as EURC. Businesses generally want to know that the issuer of a token they accept is supervised where they operate and report. Based on public news sources.
