Intuit and Circle Form Multi-Year Alliance to Integrate USDC Stablecoin Across TurboTax, QuickBooks, and MailChimp
On December 18, 2025, Intuit and Circle announced a multi-year strategic alliance to enable Circle's USDC stablecoin across Intuit's products and services, including TurboTax, QuickBooks, and MailChimp. The partnership aims to position stablecoins as a new payment method and store of value, enabling faster, lower-cost, and programmable money movement within Intuit’s platform.
Use cases highlighted for USDC include potential tax refunds and payments to taxpayers and small businesses, with additional blockchain settlement details set to be disclosed in 2026. Executives involved emphasized their commitment to driving financial innovation and expanding broader access to stablecoin-based payments and value. Circle's CEO Jason Allaire noted the collaboration is focused on building a more efficient financial system with new capabilities.
USDC's circulation currently exceeds $77 billion, with about 63% of it living on the Ethereum mainnet. Market reactions to the announcement were positive: Circle’s parent company's stock CRCL rose approximately 4%, while Intuit's stock (INTU) increased about 1.45% on the day and 6.45% year-to-date.
