Intuit integrates USDC, introducing stablecoin payments in TurboTax and QuickBooks
BlockBeats News, December 18, according to The Block, Intuit has signed a multi-year partnership agreement with Circle to integrate USDC-based stablecoin payments into its core products, including TurboTax and QuickBooks, in order to drive the modernization of this financial software giant's platform fund flows.
According to the agreement, Intuit will connect to Circle's stablecoin infrastructure to support faster and lower-cost payment processes related to tax refunds, business payments, and other financial services.
Intuit processes billions of dollars annually in areas such as tax refunds, payroll, invoicing, and small business payments, and states that its user base exceeds 100 millions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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