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

Circle and Tereina have partnered to integrate USDC and EURC into enterprise payment workflows through SAP Pay. That puts the two stablecoins inside the systems businesses already use to pay suppliers, rather than in a separate crypto app.

What SAP Pay actually does

Tereina, a payments firm backed by SAP, launched SAP Pay on October 6, 2026. The product took 2.5 years to build.

Circle and Tereina confirmed their partnership a day later, on October 7, 2026. The deal covers USDC and EURC transactions inside SAP Pay.

SAP Pay lives inside SAP Cloud ERP. Businesses can pay suppliers and other stakeholders from within the ERP using traditional currencies or stablecoins.

The service supports a range of payment rails, including ACH, EFT, wire, check and stablecoin settlement.

SAP Pay also includes automated reconciliation, fraud detection and multi-rail routing. Multi-rail routing means the system can pick which payment method to use for a given transaction, rather than forcing finance teams to choose manually every time.

The numbers behind the launch

Tereina claims SAP Pay can cut payment costs by up to 25%. The firm says it gets there by partnering with existing service providers instead of trying to compete with them head-on.

At launch, SAP Pay is available in the US and the UK. It can transact across 89 global payment corridors.

On the blockchain side, the Arc blockchain is the preferred network for eligible SAP Pay transactions. Arc launched on September 16, 2026, so it went from debut to enterprise deployment in about three weeks.

No other crypto assets were mentioned in the official updates around the deal, keeping the focus squarely on USDC and EURC.

Why SAP moving into payments matters

SAP Pay marks SAP’s first move into native payment integration within its Cloud ERP. Historically, the system relied on external payment providers to handle the actual movement of funds.

For Circle, the partnership fits its ongoing push to expand USDC and EURC usage within existing networks. Instead of asking companies to adopt new crypto workflows, it is placing its tokens inside workflows companies already run every day.

What this means for stablecoins and enterprise software

Embedding USDC and EURC as one option among ACH, wires and checks lowers the adoption barrier. A finance team does not need to become a crypto team to try a stablecoin settlement.

The inclusion of EURC alongside USDC is also worth noting. With SAP Pay live in both the US and UK and spanning 89 corridors, a euro-denominated option gives companies with European exposure a native alternative to converting everything through dollars.

The 25% cost reduction figure is Tereina’s claim, framed as a potential ceiling rather than a guaranteed result. Real-world savings will likely vary by corridor, payment method and company size.

Arc’s role adds another layer. A blockchain only weeks old being named the preferred network for eligible enterprise transactions is a meaningful early test, and its performance under real corporate volume will shape how much trust it earns.