Intuit has signed a multi-year partnership agreement with Circle to integrate USDC-based stablecoin payments into its core products, including TurboTax and QuickBooks, to drive the modernization of this financial software giant's platform fund flow methods.
According to the agreement, Intuit will access Circle's stablecoin infrastructure to support faster and lower-cost payment processes related to tax refunds, corporate payments, and other financial services.
Intuit processes tens of billions of dollars annually in areas such as tax refunds, payroll, invoicing, and small business payments, and states that it serves over 100 million users.
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