Circle is looking to further extend its stablecoin infrastructure through partnerships with two companies. The firm is partnering with SAP-owned Tereina to add USDC and EURC into existing enterprise applications and also a partnership with Volante to implement USDC workflow into banking payments system infrastructure.
These developments enhance Circle’s efforts to enable payments using the stablecoin within existing infrastructure employed by companies and financial institutions, which can facilitate further use of blockchain for settlement and global money transfers.
Circle Brings USDC and EURC Into Enterprise Payments
Circle has joined forces with Tereina, which is an SAP-supported financial services firm that specializes in embedded and agentic payments, to add USDC and EURC to its payment platform.
The first step towards integration will be SAP Cloud ERP, and the functionality of stablecoins will be available for qualified SAP users via SAP Pay.
Source: Circle’s X Post
The partnership aims to make it easier for businesses to adopt stablecoins by linking Circle’s technology platform with existing business processes and software.
Rather than finance teams having to develop different systems for digital asset transactions, businesses that qualify will be able to utilize stablecoin-enabled payment solutions within their existing environment.
USDC would be the preferred stablecoin for eligible workflows involving U.S. dollars, while EURC would provide an alternative for euro-denominated processes.
It is believed that the two companies’ collaboration would offer businesses increased alternatives for international transactions, treasury operations, and blockchain settlement systems.
“Stablecoins are increasingly becoming a core infrastructure layer for global commerce. Working with Tereina to bring USDC and EURC into the applications that enterprises already use is an important step toward making internet-native money easier to integrate into everyday business operations. By connecting Circle’s infrastructure with Tereina’s enterprise payment workflows, we can help businesses realize the benefits of faster, more programmable, and more globally accessible money movement.” – Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle
Also Read: Circle Foundation Backs UNDP, WFP Stablecoin Payment Trials
Volante Adds USDC Workflows for Financial Institutions
The company is further growing its institutional payments strategy by partnering with Volante Technologies.
This collaboration will enable USDC to integrate into the AI-powered Payments Platform of Volante, which would allow financial institutions to analyze stablecoin transactions along with other payment operations.
Source: Circle’s X Post
Infrastructure will facilitate the following types of workflows: minting, redeeming, beneficiary wallet onboarding, funding, notifications, and wallet-to-wallet payments.
Such a solution enables banks to study stablecoins’ capabilities without having to create a whole separate set of tools for digital assets.
According to Volante, it serves four out of five largest banks in the world and seven out of ten largest banks in the United States.
This makes the organization very relevant within a broad institutional payment network as banks evaluate the performance of stablecoins within their traditional payment networks.
Circle Strengthens Its Enterprise Stablecoin Strategy
These two partnerships demonstrate a wider trend in how the adoption of stablecoins is being approached. Instead of depending entirely on crypto-native solutions, Circle is linking up USDC with legacy enterprise infrastructure.
With the Tereina partnership, the features of stablecoins are being integrated with the SAP ecosystem, which, according to both parties, represents 84% of all global business.
In this case, the Volante collaboration goes further down the stack to the next layer of the financial infrastructure, where banks can assess USDC in an environment that is accustomed to handling payment processing, control mechanisms, and connections to legacy rails.
All in all, the above examples demonstrate how Circle is marketing USDC not just as a cryptocurrency but as financial infrastructure.
Tereina and Circle intend to run joint proof-of-value programs for their customers and engage with partners in the ecosystem to build knowledge about how enterprise stablecoins can be adopted in practice.
On the other hand, Volante is going to support banks in assessing USDC processes in their current payment systems and create a path from pilot to implementation.
What Happens Next?
The next phase is expected to revolve around implementation and consumer testing. Tereina and Circle will commence with proof-of-value initiatives among corporations while training treasury and payments experts and collaborating with other players in the ecosystem.
From the perspective of banks, it would be up to Circle and Volante to assist financial institutions with testing the integration of USDC into the current payment system infrastructure. The most important thing to look for here is whether the tests become commercialized and whether more banks follow suit.
In case of such widespread adoption, Circle can enhance the position of USDC as a settlement rail for institutions. In any case, these partnerships can serve as further evidence that stablecoins are becoming a part of the traditional financial infrastructure that enterprises use.
Also Read: Circle Volante USDC Integration: Powerful $62B Top Banks
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