Intuit and Circle Forge Strategic Partnership to Enhance Financial Services
Intuit, a leading U.S. financial software company known for products like TurboTax and QuickBooks, has entered a strategic partnership with Circle, the issuer of the USDC stablecoin and a major player in digital payments and blockchain infrastructure. The collaboration aims to integrate stablecoin-enabled capabilities into Intuit’s financial ecosystem, potentially streamlining payments, cross-border transactions, and real-time settlement for businesses and consumers.
From a money supply and liquidity perspective, this partnership may increase USDC utility and circulation as more financial flows are bridged between traditional accounting systems and blockchain rails. While it does not create new fiat currency, broader use of stablecoins in everyday financial operations can enhance capital velocity, reduce friction in payment systems, and support more efficient money movement across both digital and legacy finance.
