Intuit and Circle Announce Multi‑Year USDC Partnership Across TurboTax, QuickBooks, Credit Karma and Mailchimp

CRCL
December 18, 2025

Intuit and Circle Internet Group have entered into a multi‑year agreement to embed the USDC stablecoin across Intuit’s flagship platforms—TurboTax, QuickBooks, Credit Karma and Mailchimp—providing users with a programmable, 24/7 settlement layer for refunds, remittances, savings and payments.

The partnership leverages Circle’s cross‑chain transfer protocol and stablecoin infrastructure to enable real‑time, lower‑cost transactions. By embedding USDC, Intuit will offer users instant, programmable money flows that can be triggered by rules such as “refund when tax return is approved” or “deposit into savings when a paycheck is received.” The move positions USDC as a core payment rail for the 100 million‑user Intuit ecosystem, which processes more than $100 billion in annual tax refunds and a comparable volume of small‑business payments.

For Intuit, the deal signals a strategic shift toward blockchain‑enabled financial services. The company’s CEO, Sasan Goodarzi, said the partnership will “put money at the center of everything we do,” highlighting the company’s intent to reduce settlement times and transaction costs for its users. The integration is expected to accelerate Intuit’s broader goal of modernizing its payment infrastructure and expanding its revenue mix beyond tax‑filing software into real‑time payment services.

Circle benefits from access to Intuit’s vast user base and the high‑volume, low‑risk payment flows that accompany tax refunds and small‑business bookkeeping. The company’s CEO, Jeremy Allaire, noted that the partnership will “extend the speed, power and efficiency of USDC for everyday financial transactions.” Circle’s revenue model—primarily interest earned on the reserves backing USDC—stands to grow as the stablecoin circulates more widely within Intuit’s platforms. The partnership also strengthens Circle’s competitive position against other stablecoin issuers and payment providers such as Visa and major crypto exchanges.

The announcement was met with a positive market reaction, reflecting investor confidence in the partnership’s potential to drive growth for both companies. Analysts highlighted the strategic fit and the opportunity to capture a large share of the stablecoin payment market, while noting that the rollout will likely begin in early 2026 and will be phased across Intuit’s product lines.

Sasan Goodarzi added, “By embedding USDC, we are delivering faster, lower‑cost, programmable money movement to millions of consumers and businesses, fueling their success.” Jeremy Allaire echoed this sentiment, stating, “Intuit’s massive scale and industry leadership make it an ideal platform to extend the speed, power and efficiency of USDC for everyday financial transactions.”

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