• SAP tests Circle’s USDC stablecoin to simplify cross-border payments.
• The partnership with Circle enables companies to experience faster and transparent payments.

SAP, the renowned German software company, is embarking on a transformative journey to tackle the challenges associated with cross-border payments by conducting tests of Circle’s USDC stablecoin.

This innovative initiative aims to alleviate businesses’ complexities when moving money abroad. By leveraging blockchain technology and digital currencies, SAP envisions a future where cross-border payments become faster, more affordable, and more transparent.


Significant progress is underway as SAP utilizes Circle’s USDC stablecoin and the Euro-pegged variant, EUROC, to simplify cross-border payments for companies. By eliminating the hurdles that often accompany international financial transactions, SAP aims to ease the burden experienced by small and medium-sized enterprises. Cumbersome processes involving high transaction costs and lengthy waiting periods will be a thing of the past.

Harnessing Digital Money and Blockchain Technology

According to SAP’s product expert, Sissi Ruthe, cross-border payments pose considerable challenges for many businesses with international partners. High transaction costs of up to $50, protracted waiting times of up to seven days, and a lack of transparency have been ongoing pain points.

Ruthe emphasizes that digital money, combined with blockchain technology, presents an ideal solution to address these issues. By embracing this innovative approach, companies can experience seamless settlements and enhanced operational efficiency.

Unveiling the Future of Cross-Border Payments

SAP’s commitment to revolutionizing cross-border payments is demonstrated through its offer of free test drives for clients. Participating businesses will receive the USDC stablecoin and EUROC as “play money” in self-custody wallets, eliminating the need for intermediaries.

Companies can make sample invoice payments using these digital currencies, gaining firsthand experience of digital assets’ speed, affordability, and reliability. It is important to note that these simulations are exclusive to the test network and cannot be utilized in real-world transactions.

Moreover, SAP’s collaboration with Circle ensures a secure and transparent environment by leveraging the Ethereum-based USDC stablecoin. This strategic partnership marks a significant milestone in achieving efficient cross-border payments.

SAP’s ongoing tests of Circle’s USDC stablecoin represent a significant step towards streamlining cross-border payments. By embracing digital money and the underlying blockchain technology, SAP aims to alleviate businesses’ global challenges.

The adoption of USDC and EUROC stablecoins, combined with self-custody wallets, empowers companies to experience fast, affordable, and transparent international transactions. SAP’s commitment to simplifying cross-border payments reflects its dedication to driving innovation and efficiency in global commerce.

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