【ChainNews】Financial software giant Intuit announces a multi-year partnership with stablecoin issuer Circle. According to the latest reports, USDC will be integrated into core products such as TurboTax and QuickBooks under Intuit, used for processing tax refunds and corporate payments, providing faster and lower-cost settlement experiences.
Specifically, users will be able to more conveniently perform USDC transfers and settlements through these financial applications, while Circle is responsible for providing the underlying infrastructure support. However, Intuit has not disclosed the specific rollout schedule, nor clarified whether users will hold USDC assets directly or if it will only be used in the backend payment channels.
This move reflects the accelerating penetration of stablecoins into mainstream financial scenarios. Previously, US banks had launched USDC settlement services based on the Solana chain through Visa, and Circle is also deepening issuance and circulation collaborations with multiple platforms, including a well-known exchange, aiming to make USDC a standard tool for cross-border payments and fast settlements.
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SchroedingerGas
· 12-21 06:16
Stablecoins are finally going to see the light of day, but the question is, will ordinary people really use them... Getting refunds in USDC through TurboTax? It still feels a bit awkward.
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AirdropHuntress
· 12-20 22:46
Anyway, the key point is still that "the specific launch schedule has not been disclosed yet." I've seen this routine many times—first, they release a satellite stablecoin concept to hype up the market, but the actual implementation is still far off. I believe in the penetration of stablecoins in payments, but this move by Intuit seems more like a fundraising PR stunt; don't get caught off guard.
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StakeWhisperer
· 12-18 16:09
Mainstream financial software is all adopting stablecoins now, it really feels like it's finally happening...
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Wait, no launch schedule yet? Same old story...
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USDC penetrating mainstream finance, Circle's move is pretty bold, but will users really care?
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Intuit + Circle, secretly using payment channels in the backend vs holding directly, is there a big difference?
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Tax refunds with stablecoins... now the US IRS will have to think it over, huh?
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Fast speed and low cost sound great, but the actual experience will depend on the day it officially launches...
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New_Ser_Ngmi
· 12-18 16:09
USDC is really about to rise, with big institutions entering one after another. Wait, can this really go live? It seems like Intuit has always been very cautious.
Financial software giant Intuit partners with Circle, USDC payment features coming soon to TurboTax and QuickBooks
【ChainNews】Financial software giant Intuit announces a multi-year partnership with stablecoin issuer Circle. According to the latest reports, USDC will be integrated into core products such as TurboTax and QuickBooks under Intuit, used for processing tax refunds and corporate payments, providing faster and lower-cost settlement experiences.
Specifically, users will be able to more conveniently perform USDC transfers and settlements through these financial applications, while Circle is responsible for providing the underlying infrastructure support. However, Intuit has not disclosed the specific rollout schedule, nor clarified whether users will hold USDC assets directly or if it will only be used in the backend payment channels.
This move reflects the accelerating penetration of stablecoins into mainstream financial scenarios. Previously, US banks had launched USDC settlement services based on the Solana chain through Visa, and Circle is also deepening issuance and circulation collaborations with multiple platforms, including a well-known exchange, aiming to make USDC a standard tool for cross-border payments and fast settlements.