Intuit announced a multi-year strategic partnership with Circle to integrate USDC as a payment infrastructure across TurboTax, QuickBooks, and Credit Karma. The agreement aims to enable faster, lower-cost, and globally accessible transfers across key flows such as tax refunds, business payments, payroll, and invoicing.
The company will rely on Circle’s stablecoin infrastructure to introduce programmable 24/7 settlement within its products, but it did not provide an implementation timeline or clarify whether users will hold USDC directly or if the token will initially operate as a backend payment rail. Intuit processes billions of dollars annually and serves more than 100 million customers, making the partnership one of the largest entry points for stablecoins into traditional financial software.
For Circle, the deal expands the distribution of USDC, the second-largest dollar-backed stablecoin in the market, with a circulating supply exceeding $78 billion. The initiative aligns with the company’s strategy to position USDC as a settlement layer for large-scale enterprises
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