Intuit, the financial software firm behind TurboTax, QuickBooks, Credit Karma, and Mailchimp, has entered a multi-year strategic partnership with stablecoin issuer Circle. The agreement will integrate Circle’s stablecoin infrastructure and the USDC token into Intuit’s platforms, supporting payments tied to business transactions, tax refunds, and marketing services.
According to Intuit, the integration is designed to enable faster and lower-cost transactions across its ecosystem. Circle CEO Jeremy Allaire said the partnership aims to extend the efficiency of USDC into everyday financial use cases. USDC is currently the second-largest stablecoin by market capitalization, with a supply exceeding $77 billion.
The move comes as regulatory clarity around stablecoins improves in the United States following recent legislation. Industry participants view embedded stablecoin payments as a potential efficiency upgrade for large-scale financial platforms, particularly those serving small businesses and consumers.
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