- The SAP Pay stablecoin payments consist of USDC and EURC on the SAP Cloud ERP for eligible companies.
- The USDC and EURC payments are incorporated by Circle and Tereina into SAP Pay alongside ACH Wire EFT and checks payment methods.
- SAP Pay has 89 payment corridors. Arc is the preferred network.
Tereina and Circle Internet Group have partnered to bring USDC and EURC payments into SAP Pay, allowing eligible businesses to use stablecoins within SAP Cloud ERP alongside traditional payment methods. The companies announced the integration on October 7, 2026, one day after Tereina launched SAP Pay following 2.5 years of development.
The partnership places Circle’s dollar- and euro-denominated stablecoins within an enterprise payment system rather than requiring finance teams to use separate applications for digital asset transactions. USDC will be the preferred option for eligible U.S. dollar payment workflows, while EURC will support euro-denominated activity.
SAP Pay is available to SAP customers and supports payments through several rails, including ACH, EFT, wire, check and stablecoin settlement. Automated reconciliation, fraud detection, and multi-rail routing services are also provided by the payment solution.
SAP Pay Brings Stablecoins to Enterprise Payments
The SAP Pay solution works through SAP Cloud ERP, which is where firms can send payments to their suppliers and other partners. Now that SAP Cloud ERP has integrated Circle, the participating firms will have more options for their payments.
Source: Circle
The system’s multi-rail routing feature allows a payment method to be selected for a transaction instead of requiring finance teams to manually choose a rail for every payment. This places stablecoin settlement alongside established methods rather than treating it as a separate process.
Tereina said SAP Pay can reduce payment costs by up to 25%. That figure is a company claim and is not presented as a guaranteed saving for every business. The company said its approach relies on partnerships with existing service providers rather than directly competing with them.
At launch, SAP Pay is available in the United States and United Kingdom and can transact across 89 global payment corridors. The service represents SAP’s first move into native payment integration within its Cloud ERP, according to the supplied information.
Circle Adds USDC and EURC to SAP Pay
Circle’s integration gives businesses two stablecoin options based on the currency involved in a payment. USDC will serve eligible dollar-denominated workflows, while EURC will be used for euro-denominated transactions.
The inclusion of both assets allows SAP Pay to support businesses handling payments in different currencies without limiting the stablecoin option to a dollar-based workflow. The integration is focused specifically on USDC and EURC, with no other crypto assets mentioned in the companies’ updates about the partnership.
Circle co-founder, chairman and CEO Jeremy Allaire said the integration is intended to bring USDC and EURC into applications that enterprises already use. He said connecting Circle’s infrastructure with Tereina’s payment workflows can support faster and more programmable money movement.
Tereina CEO Cedric Bru said the partnership allows stablecoin payments to become a feature within applications businesses already use. The comments from both executives focused on integrating stablecoin functionality into existing enterprise operations rather than requiring companies to adopt separate crypto payment systems.
Arc Selected for Eligible Stablecoin Transactions
Arc is the preferred blockchain network for eligible SAP Pay transactions. The companies did not provide additional performance figures for Arc in the supplied material. Its role in SAP Pay is specifically tied to eligible transactions involving the platform’s stablecoin payment infrastructure.
Tereina and Circle plan to conduct joint proof-of-value programs with customers over the coming months. They also intend to train treasury and payments specialists and work with ecosystem partners on stablecoin-enabled payment initiatives.
The companies said they will gather insights into real-world enterprise stablecoin adoption as implementations progress. The work will build on the integration of USDC and EURC into SAP Pay and its existing payment infrastructure.
FAQs
What is SAP Pay?
SAP Pay is Tereina’s payment service integrated into SAP Cloud ERP. It supports traditional payment rails and stablecoin settlement.
Which stablecoins are supported through the partnership?
The partnership supports Circle’s USDC for eligible dollar-denominated workflows and EURC for euro-denominated activity.
Where is SAP Pay available?
SAP Pay is available in the United States and United Kingdom at launch and can transact across 89 global payment corridors.
