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More →Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use. Circle is bringing its USDC and EURC stablecoins into enterprise payment workflows through a partnership with Tereina, a financial services company backed by German enterprise software giant SAP. The <a href="https://www.circle.com/pressroom/tereina-an-sap-backed-company-and-circle-bring-usdc-and-eurc-into-enterprise-workflows-starting-with-the-sap-ecosystem-behind-84-of-global-commerce" rel="nofollow noopener" target="_blank">>integration</a> will allow businesses using SAP’s financial software to send and receive USDC and EURC within the applications they already use to manage payments. USDC will be the preferred stablecoin for dollar-denominated transactions, while EURC will be available for euro-denominated payments. <em>Source: </em><a href="https://x.com/circle/status/2107803627477709148" rel="nofollow noopener" target="_blank">><em>Circle</em></a> Tereina provides payment infrastructure that companies can embed into business software, allowing them to make payments without switching to a separate financial platform. Tereina and Circle said they plan to test the stablecoin integration with customers over the coming months, including for global payments and treasury operations. SAP’s ecosystem generates 84% of global commerce, according to the announcement, giving the integration a potentially broad enterprise reach. The move comes less than a month after <a href="https://cointelegraph.com/news/circle-arc-mainnet-launch-usdc-native-gas" rel="nofollow" target="_blank">Circle launched the mainnet of Arc</a>, its layer-1 blockchain focused on stablecoin payments and financial markets. Arc uses USDC for transaction fees and supports more than 20 fiat-backed stablecoins, including USDC and EURC. <em><strong>Magazine: </strong></em><a href="https://cointelegraph.com/magazine/too-big-to-pause-the-economic-stakes-of-an-ai-slowdown" rel="nofollow" target="_blank"><em><strong>Too big to pause: Could an AI slowdown crash the economy?</strong></em></a>
The U.S. government wallet transferred over $103 million in crypto assets within 9 hours.
According to Cointelegraph, a U.S. government wallet transferred more than $103 million in crypto assets over the past 9 hours, including 833 bitcoins and 40,285 BNB, to unmarked addresses.
Securitize partners with LG CNS to bring tokenized funds, stocks, and stablecoins to South Korean financial institutions.
According to CoinWorld news, Cointelegraph reports that Securitize has partnered with LG CNS to bring tokenized funds, stocks, and stablecoins to South Korean financial institutions, a development that drove SECZ shares up nearly 8%.
South African bank FNB partners with Valr, allowing customers to buy cryptocurrency for as little as 10 rand.
According to Cointelegraph, FNB, one of South Africa's largest banks, has now partnered with Valr to allow customers to buy Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Tether (USDT) through its stock trading platform for as little as 10 rand.
Bitwise CIO: Bitcoin is heading toward digital gold.
According to Cointelegraph, Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin is moving toward becoming digital gold, with its annualized volatility having dropped from 66% over the past decade to 44% over the past year.
The IRS issues digital asset staking trust safe harbor guidance.
CoinWorld news, according to Cointelegraph, the U.S. Internal Revenue Service (IRS) has issued trust safe harbor guidance on digital asset staking, aiming to provide a clear compliance framework for relevant trusts.
Saylor: Since adopting the Bitcoin standard in 2020, digital asset annualized returns have surpassed traditional investments.
According to Bijie News, Saylor stated that since adopting the Bitcoin standard in 2020, digital equity ($MSTR) and digital capital ($BTC) have achieved annualized returns of 52% and 38% respectively, surpassing stock, gold, real estate, and bond benchmarks. He pointed out that the future of capital is digital.
DeFi total value locked daily snapshot reports 93.095 billion USD
According to Bijie data: the daily snapshot for 2026-10-08 shows that total DeFi TVL was 93.095 billion USD, down 3.13% compared with the previous statistics period using the same methodology.
Currency market volatility intensifies, raising the risks of foreign exchange carry trades.
Analyst: Rising FX Volatility Increases Risks of Carry Trades Market analyst Jeremy Boulton said that as rising market volatility drives wider exchange-rate swings, FX carry trades are becoming increasingly fragile. Adverse currency moves may be enough to offset the gains from favorable interest-rate differentials, or even cause larger losses. Some of the most popular carry-trade currencies have already seen sharp adverse moves: since the prospect of a Federal Reserve rate hike in September became clear, the Mexican peso has fallen by as much as 9% at one point, the South African rand has dropped more than 5%, and the Hungarian forint has declined by over 7%. Japan's measures to support the yen pushed the yen slightly higher, while the sharp selloff in the French bond market hit market confidence, dragging down the euro and pushing up the Swiss franc. This has further exacerbated the losses faced by carry trades that rely on calm market conditions. If stock markets correct further, carry trades could face a collapse.
BTC and XRP ETFs saw net inflows, while ETH and SOL saw net outflows.
CoinWorld data: According to Cointelegraph, on October 6, spot ETFs for BTC and XRP recorded net inflows of $118.8 million and $3.14 million, respectively, while ETH and SOL saw net outflows of $201.89 million and $3.68 million, respectively.