Tereina, an SAP-Backed Company, partners with AllUnity to enable multi-currency stablecoin payments for SAP customers 

FRANKFURT, GERMANY, 12 November 2026 – AllUnity, a fully regulated European stablecoin issuer and licensed e-money institution established by DWS, Flow Traders and Galaxy, today announced that all AllUnity stablecoins are now available as payment options on the Tereina platform, starting with SAP Cloud ERP via SAP Pay. Tereina is an SAP-backed financial services company that embeds agentic payments into the business applications enterprises already run.

Businesses using SAP Pay can now pay with AllUnity’s MiCAR-regulated stablecoins, EURAU, USDAU, CHFAU and SEKAU, directly within their existing SAP payment flows. Each AllUnity stablecoin is an e-money token fully backed 1:1 by reserves in its own currency and redeemable at par.

Stablecoin payments in enterprise software have so far centered on the US dollar, while a large share of global trade is invoiced in the euro and other local currencies. With AllUnity, the Tereina platform now covers the euro, Swiss franc, Swedish krona and USD stablecoins from a single MiCAR-licensed issuer, so businesses can pay, convert and settle in the currency of each counterparty without leaving SAP.

The collaboration sets three milestones for cross-border payments with stablecoins:

• Four currencies live in SAP Pay. AllUnity stablecoins become selectable payment options in SAP Cloud ERP, next to bank transfers and existing stablecoins.

• Direct minting. Through the AllUnity Business Mint Account, businesses mint and redeem AllUnity stablecoins 1:1 moving between bank money and on-chain money without an intermediary exchange or separate setup.

• Stablecoin FX. AllUnity Stablecoin FX converts fiat into a regulated stablecoin in another currency, with no bank account needed in that currency. Supported currencies are EUR (EURAU), CHF (CHFAU), SEK (SEKAU) and USD (USDAU).

• AllUnity stablecoins are also accessible through StableFX on the Circle Payments Network, connecting local-currency flows to global currencies, including USDC, EURC, and the other stablecoins integrated into StableFX.

For treasury and finance teams, this opens four use cases:

• Supplier payments in local currency. A eurozone buyer pays a Swiss supplier in CHFAU or a Swedish supplier in SEKAU, without settlement cycles or market slippage.

• Intercompany settlement and liquidity. Groups move cash between EUR, CHF, SEK and USD entities in real time, without banking cut-off times or correspondent banking hops, and hold fewer idle balances for pre-funding.

• FX at the point of payment. Currency conversion runs inside the payment flow instead of through separately pre-funded foreign currency accounts.

• Working capital control. Payments are released exactly when due, and payer and payee see the same status and data in real time, which removes manual reconciliation.

Alexander Höptner, CEO of AllUnity, said:
“Companies do not run their business in one currency, and stablecoin payments should not either. Finance teams need regulated digital money in the currencies they actually invoice in, inside the systems they already run. With SAP Pay, multi-currency settlement on stablecoins becomes a standard part of the SAP corporate treasury workflow offered to treasurers worldwide”.

Rajesh Venkatesh, CPO of Tereina, said:
“Finance teams want the speed of stablecoins with the assurance of regulation. AllUnity’s MiCAR-compliant stablecoins give SAP Pay customers exactly that: 24/7 cross-border payments in euro, Swiss franc, Swedish krona and US dollar, embedded directly in the business processes they already use. It’s another step towards a future where digital and traditional money move side by side, in any currency, embedded in companies’ existing workflows.”

For further information, please visit allunity.com/tereina-sap-pay or contact the AllUnity team at contact@allunity.com. 

About AllUnity

AllUnity is a regulated e-money institution building Europe's digital payments infrastructure for instant cross-border payments, digital asset markets and seamless liquidity flows. Established by DWS, Flow Traders and Galaxy, AllUnity delivers fully backed, MiCAR-compliant stablecoins (EURAU, CHFAU, SEKAU, USDAU) that provide regulatory certainty and robust reserve backing for secure, frictionless capital movement across markets.

Press Contact: Tania Ermak
press@allunity.com
www.allunity.com 

About Tereina

Tereina is a financial services provider built to embed agentic capabilities in businesses’ applications and processes payments across traditional and digital rails. Backed by SAP and led by CEO Cedric Bru, Tereina is EPIC: Embedded Payments to Ignite Commerce. For more information, visit www.tereina.com.

Legal Notice:

This marketing communication has not been reviewed or approved by any competent authority of an EU Member State. AllUnity GmbH bears sole responsibility for its content. This content is for marketing purposes only and does not constitute an offer or recommendation to purchase e-money tokens (EMTs). This communication is directed exclusively at legal entities and business customers (B2B only) and is not addressed to natural persons, retail customers or consumers.

White Papers under Art. 51 MiCAR have been published, containing all material information, including the EMT holders' redemption right. The White Papers are available at www.allunity.com/whitepapers.

Redemption Right: Pursuant to Article 49 MiCAR, the holders of EMTs have a statutory right of redemption against AllUnity GmbH at any time and at par value.