Intuit Inc. (INTU) Plans To Use Circle Internet And USDC Infrastructure

Intuit Inc. (NASDAQ:INTU) is among the Growth Stock Portfolio: 12 Stock Picks By Ken Fisher

Intuit Inc. (INTU) Plans To Use Circle Internet And USDC Infrastructure

On December 18, 2025, Intuit Inc. (NASDAQ:INTU) unveiled a multi-year agreement with Circle Internet Group to integrate stablecoin features throughout its platform, which includes Credit Karma, QuickBooks, and TurboTax. The partnership creates a framework for Intuit Inc. (NASDAQ:INTU) to make use of USDC and Circle’s stablecoin infrastructure to provide quicker, more affordable, and safer transfers of money internationally.

As stated by the business, this partnership aims to facilitate programmable, round-the-clock financial transactions integrated into its products. The company also stated that stablecoins can open up new use cases for payments, savings, remittances, and refunds, which aren’t feasible with conventional payment rails. Circle claimed that by utilizing Intuit Inc. (NASDAQ:INTU)’s size, the agreement will improve access to USDC for routine financial activities.

On November 21, 2025, TheFly revealed that BMO Capital had reduced its price objective for Intuit Inc. (NASDAQ:INTU) from $870 to $810 and retained an Outperform rating. As per the firm, the company started fiscal 2026 with solid results, with Credit Karma and the QuickBooks Online ecosystem performing slightly better than expected. QBO’s development into the middle market and robust growth in payment solutions led to a better accounting mix, as noted by BMO. The firm has decreased its valuation multiple to 31-32 times enterprise value to projected free cash flow to match its comparable standing.

Intuit Inc. (NASDAQ:INTU) provides online marketing platform Mailchimp and accounting software QuickBooks to small as well as midsize businesses.

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