Circle + SAP Pay

Power always-on treasury and payments with USDC

The SAP Pay turnkey integration with Circle brings USDC, the world’s largest regulated1 stablecoin, into existing workflows across treasury, cash management, and payments. It supports cross-border supplier payments, intercompany treasury transfers, and AP/AR settlement through a 24/7 settlement rail alongside existing banking rails.

Explore USDC for your SAP Pay workflows

A modern settlement rail for treasury and payment workflows

With Circle and USDC natively integrated, SAP customers can add a 24/7 settlement rail to familiar SAP processes and existing banking rails.

A regulated¹ digital dollar for global business

USDC is a digital dollar backed 100% by highly liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars.2 USDC gives organizations a trusted settlement asset for cross-border payments and a flexible way to manage liquidity across markets.

24/7 settlement across treasury and payment workflows

Use USDC where faster settlement, liquidity, and cash visibility matter most, alongside the banks and systems your treasury and cash management teams already rely on.

Manage intercompany liquidity across time zones

Use onchain settlement to move funds across entities, even when traditional rails are offline.

Reduce prefunding and trapped cash

Move funds in minutes and fund payments only when needed instead of pre-positioning capital across markets.

Support cross-border supplier payments and AP/AR settlement

Enable teams to pay suppliers and receive customer payments with near-instant USDC settlement, improving working capital efficiency and simplifying reconciliation.

Keep familiar treasury controls and reporting

Work alongside existing banks and payment rails, with the controls, permissions, approvals, reconciliation, and reporting already in place.

Access USDC direct from the issuer

Mint and redeem USDC 1:1 for US dollars through Circle, avoiding extra fees, added risk, and third-party transaction delays.

Access USDC through Circle Mint3

Circle’s native integration into SAP Pay gives SAP customers a turnkey way to use USDC within existing SAP workflows. Eligible institutions can access and redeem USDC directly through Circle Mint. To use USDC within SAP Pay, your organization will need an eligible Circle Mint account.

Circle Mint connects to your existing SAP stack via API, enabling eligible institutions to mint, redeem, and manage USDC, subject to eligibility and regional availability.

See how USDC can support treasury, cash management, and payment workflows in SAP Pay

Tell us about your business and how you’re thinking about using USDC with SAP Pay. A member of the Circle team will follow up to discuss your use case, Circle Mint access, and next steps.

1 USDC is issued by regulated affiliates of Circle. See Circle’s list of regulatory authorizations.

2 USDC is backed by the equivalent value of US dollar denominated assets held as reserves for the benefit of USDC holders. Cash is held at regulated financial institutions. The portfolio of the Circle Reserve Fund, which can contain short-dated US Treasuries, overnight US Treasury repurchase agreements, and cash, is custodied at The Bank of New York Mellon and is managed by BlackRock.

3 Circle Mint and money transmission services are provided by Circle Internet Financial, LLC, NMLS # 1201441, and Circle Internet Financial Europe SAS, Electronic Money Institution License No. 17788, when provided in France. A list of Circle’s regulatory authorizations can be found at circle.com/legal/licenses. Circle Mint is currently available only to institutions and is not available to individuals.