Overview
- Intuit and Circle announced a multi-year agreement to integrate USDC across TurboTax, QuickBooks, Credit Karma, and Mailchimp.
- The companies say the integration targets faster tax refunds, cheaper remittances, and programmable business payouts on a 24/7 money rail.
- Neither firm disclosed which blockchain networks will handle settlement, with further technical and rollout details expected in 2026.
- Shares of Circle and Intuit gained after the news, reflecting investor interest in stablecoin-enabled payment features across Intuit’s platform.
- Separately, Circle introduced USDCx on Stacks via its xReserve system, bringing interoperable, regulated stablecoin liquidity to Bitcoin-anchored DeFi.