Circle and Tereina, an SAP-backed financial services company, said on Wednesday, October 7, 2026, that they will integrate Circle’s USDC and EURC stablecoins into Tereina’s payments infrastructure, starting with SAP Cloud ERP. The integration is available to SAP customers through SAP Pay, the embedded payment service powered by Tereina that SAP unveiled a day earlier at its SAP Connect event in Las Vegas. USDC will be the preferred stablecoin for eligible dollar-denominated payment workflows, and EURC an option for euro-denominated activity, the companies said.
The integration is meant to spare finance teams a separate system for stablecoin payments, the release says. Using USDC within SAP Pay requires an eligible Circle Mint account, according to Circle’s SAP Pay page; Circle Mint is currently open only to institutions, subject to eligibility and regional availability. “Stablecoins are increasingly becoming a core infrastructure layer for global commerce,” said Jeremy Allaire, Circle’s co-founder, chairman, and CEO.
SAP Pay executes the payment in the invoice workflow
SAP presented the launch as its entry into the payments market. Embedded directly in SAP Cloud ERP, SAP Pay “executes and reconciles payments within the same workflow when an invoice is due,” which SAP says reduces manual file handling and dependence on external processing. Jan Gilg, global president of Customer Success & Americas, announced it during the keynote, SAP’s account says.
According to Payments Dive, SAP said SAP Pay supports electronic funds transfers, including ACH payments, wires, and checks, as well as stablecoin-based settlement for cross-border transactions, and that it is generally available in the US and the UK. A global distributor of networking and wireless broadband solutions already uses it for supplier and treasury payments, SAP said. “You’re in your ERP, you’re approving a payment to your supplier — why wouldn’t you just directly execute and pay them?” David Imbert, SAP’s head of finance product marketing, told the publication.
Tereina pitches one platform for fiat and stablecoin rails
In its own launch release, dated October 7, Tereina said finance teams can execute payments on their own or with support from their AI agents, settling across traditional and digital-currency rails. SAP customers can access it today as SAP Pay for supplier, incoming, employee, and intracompany payments, the company said, and other business applications can connect through an API. Tereina aims to cut total cost of ownership by 25% and describes its digital-currency offer as “stablecoins today, tokenized deposits soon.”
“Total B2B payment volume is expected to exceed $200 trillion by 2030,” Tereina CEO Cedric Bru said in that release. In the Circle announcement, he said that with the partnership, “stablecoin payments become a native feature of the applications they already trust.”
| Company | Role | Announcement |
|---|---|---|
| SAP | Embeds SAP Pay in SAP Cloud ERP | Entry into the payments market, October 6 |
| Tereina | Powers SAP Pay; “an SAP company,” per SAP | Launch release, October 7 |
| Circle | Issues USDC and EURC through regulated affiliates | Integration into Tereina’s infrastructure, October 7 |
Customer proof-of-value programs come next
Over the coming months, Tereina and Circle plan to run joint proof-of-value programs with customers, train treasury and payments specialists, and work with ecosystem partners on enterprise transformation projects.
An SAP company run by Taulia veterans
Tereina’s CEO, Cedric Bru, is also CEO of Taulia, which SAP acquired in 2022, and co-founder and CTO Brady Cale led Taulia’s integration into the SAP ecosystem, according to Tereina’s website. Tereina LLC says it is registered with FinCEN as a money services business and holds, or is in the process of obtaining, money transmitter licenses in the nine US states it lists.
SAP is not the only ERP vendor moving into payments. A July white paper from the US Faster Payments Council, cited by Payments Dive, describes ERP systems becoming “payment command centers” and names Oracle and Microsoft Dynamics as examples. Because some instant payments are irrevocable, it says companies need stronger fraud controls and stop-payment protocols.