Intuit Integrates USDC, Introduces 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 USD Coin (USDC) payments into its core products, including TurboTax and QuickBooks, to drive the modernization of this financial software giant's platform fund flows.

Under the agreement, Intuit will access Circle's stablecoin infrastructure to support faster, 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, with its services reaching over 100 million users.