Circle and Tereina announce a partnership to bring USDC and EURC into SAP Pay
Tereina launches SAP Pay inside SAP Cloud ERP
Circle's Layer 1 blockchain, Arc, will serve as the preferred blockchain network for initial eligible stablecoin payment workflows within SAP Pay.
The partnership between Circle and Tereina aims to launch customer proof-of-value programs, training programs, and enterprise stablecoin studies over the coming months.
SAP Pay supports traditional payment rails including ACH, EFT, wire, and check alongside stablecoin settlement across 40 currencies and 89 global payment corridors.
The integration targets the SAP ecosystem, which SAP states is linked to 84% of global commerce, with 99 of the world's 100 largest companies using SAP products.
Tereina claims that SAP Pay can reduce payment costs by up to 25% by partnering with existing service providers rather than competing directly.
SAP Pay allows businesses to connect their ERP environment to blockchain payment rails for 24/7 processing and near-instant settlement.
Circle launches the public mainnet of its Arc blockchain
Circle's reserve data as of October 5, 2026, showed USDC circulation at $74.1 billion, backed by $74.3 billion in total reserves.
Circle reported $14.8 trillion in USDC on-chain transaction volume during the second quarter of 2026, representing a 151% increase from the prior year.
Circle's founding validator group for the Arc blockchain includes Mastercard, Visa, BlackRock, DTCC, Standard Chartered, and ICE.
SAP S/4HANA is used by 86 of the world's 100 largest companies, according to SAP's July 2026 corporate fact sheet.
Enterprises should transition their payment workflows to blockchain-based rails
Circle's Arc blockchain is reliable enough for enterprise-grade transactions
Stablecoins are an effective way for enterprises to reduce payment costs
Integrating payment execution directly into ERP systems poses unacceptable security risks
