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SAP Pay integration adds USDC payments for eligible businesses
Circle said access requires an institutional Circle Mint account and depends on regional availability, with USDC positioned as the preferred stablecoin for dollar workflows.
Circle has added a USDC payment route to SAP Pay through a partnership with payments provider Tereina, enabling eligible businesses to use stablecoins within existing SAP workflows, according to CryptoSlate.
Circle said access is tied to an institutional Circle Mint account and varies by regional availability. It also stated that USDC will be the preferred stablecoin for eligible dollar-denominated workflows, while EURC is available as an option for euro activity.
In the announcement dated Oct. 7, Circle described SAP Pay as a service embedded in SAP Cloud ERP that executes and reconciles payments when invoices are due, with USDC as an additional settlement method inside the software finance teams already use.
Circle said its route works alongside existing banks, approvals, controls, and reporting, and that Circle Mint connects to SAP via an API to mint, redeem, and manage USDC. The company cited use cases including cross-border supplier payments, transfers between company entities, and settling accounts payable and receivable.