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...