Intuit Partners with Circle to Integrate USDC into Financial Software

iconBitcoinWorld
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
KuCoin partnership news: Intuit has announced a collaboration with Circle to integrate USDC into its financial software, including TurboTax, QuickBooks, and Credit Karma. The move will automate USDC transaction tracking and improve tax compliance for small businesses. KuCoin compliance standards are expected to align with the integration, supporting broader adoption of stablecoins. The partnership, first reported by The Block, aims to simplify digital asset management for non-expert users.

According to BitcoinWorld, Intuit has announced a partnership with Circle to integrate the USDC stablecoin into its core software products, including TurboTax, QuickBooks, and Credit Karma. The integration aims to simplify crypto accounting and tax compliance for small and medium-sized businesses by automatically tracking USDC transactions and providing real-time financial visibility. The partnership, first reported by The Block, is expected to enhance mainstream adoption of stablecoins and streamline digital asset management for non-expert users.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.