ALSEDA ADD-ONS FOR SAP PAY
(formerly SAP DIGITAL CURRENCY HUB)

Michael Rubin

Product Manager

ERP meets Blockchain – today, with alseda.

SAP Pay (formerly SAP Digital Currency Hub) connects classical ERP systems with the blockchain world. alseda delivers the connectors and the know-how to make your SAP landscape stablecoin-ready – fast, secure, and without custom development.

What is SAP Pay (formerly SAP Digital Currency Hub)?

The ERP Bridge into the Blockchain World

SAP Pay (formerly SAP Digital Currency Hub) is SAP’s platform solution for integrating crypto assets, stablecoin payments, and custody connections directly into existing SAP processes – Treasury, Payment Execution, Accounting, and Statutory Reporting.

SAP Pay (formerly SAP Digital Currency Hub) runs on SAP BTP (Cloud Foundry) and is open to all SAP S/4HANA variants as well as non-SAP systems. With MiCA regulation, institutional crypto growth, and the digital euro on the horizon, SAP Pay (formerly SAP Digital Currency Hub) has moved from a future project to a strategic necessity.

✓ Initiate & post stablecoin payments directly from SAP
✓ Value crypto holdings (IFRS / US-GAAP / local GAAP)
✓ Connect custody providers – wallets & transactions in SAP
✓ Regulatory reporting for digital assets

Why act now?

01 MiCA & Regulation

The EU regulatory framework creates pressure for all companies with crypto exposure.

02 B2B Stablecoins

USDC, EURC & Co. are replacing SWIFT payments: cheaper, faster, more transparent.

03 SAP invests strategically

SAP Pay (formerly SAP Digital Currency Hub) is actively developed. Early adoption secures a first-mover advantage.

04 Institutional Custody

Crypto asset custody is becoming a compliance requirement, not an option.

How It All Works Together

SAP Pay (formerly SAP Digital Currency Hub) connects ERP systems, custody providers, and blockchain infrastructure via standardized alseda connectors.

 
SAP Digital Currency Hub - SAP pay

Your Fastest Path to SAP Pay (formerly SAP Digital Currency Hub)

Four specialized connectors link SAP Pay (formerly SAP Digital Currency Hub) with your ERP landscape, custodians, blockchain, and exchanges.

✓ Available

alseda ERP-SPay Connector

Fast connection of SAP S/4HANA (On-Premise, Private & Public Cloud) and non-SAP ERP systems directly to SAP Pay (formerly SAP Digital Currency Hub). Complements or replaces SAP Multi-Banking Connectivity – without extensive SAP customizations.

SAP S/4HANA On-Premise, Private & Public Cloud

Non-SAP ERP systems

Complements or replaces SAP Multi-Banking Connectivity

No extensive SAP customizations required

✓ Available

alseda SPay-CUST Connector

Flexible connection of custody providers (e.g. Coinbase Advanced, BitGo, Tradevest, Anchorage Digital, Komainu and more) to SAP Pay (formerly SAP Digital Currency Hub). Multiple custodians and wallets simultaneously – accounts and transactions visible in SAP and controllable from SAP. 

Coinbase Advanced, BitGo, Anchorage Digital, Komainu

Additional institutional custodians (extensible)

Accounts, balances & transactions directly in SAP

Approvals directly from SAP workflow

◷ In Development

alseda SPay-CHAIN Connector

Direct communication with blockchain nodes, explorers, and smart contracts. Integration of self-custody solutions (private key store) and yield & asset providers (tokenized RWA, money market funds, on-chain treasury). Embedded analytics for on-chain data – transaction status and network metrics visible directly in  SAP Pay (formerly SAP Digital Currency Hub).

Blockchain Nodes, Explorers & Smart Contracts

Self-Custody: Private Key Store integration

Yield & Asset Providers (Tokenized RWA, Money Market Funds, On-Chain Treasury)

Embedded Analytics for on-chain metrics

◷ In Development

alseda SPay-EXCH Connector

Connecting centralized (CEX) and decentralized (DEX) crypto exchanges to  SAP Pay (formerly SAP Digital Currency Hub). FIAT on-/off-ramping, token swaps, and price queries directly from SAP – closing the loop from ERP to blockchain.

CEX: price queries & order placement

DEX: token swaps on-chain

FIAT on-/off-ramping directly from SAP

Real-time rates for valuation & hedging

⚙ Custom

Project Engagement & Custom Integration

Tailored  SAP Pay (formerly SAP Digital Currency Hub) integration for complex system landscapes – implemented quickly using pre-built alseda building blocks.

SAP & non-SAP, single- & multi-system

Assessment, implementation & go-live

Operations, SLA support & SAP roadmap alignment

Pre-built components = short time-to-value

Deployment: SAP BTP – and far beyond.

In the standard scenario, all alseda add-ons are installed and operated on the SAP Business Technology Platform (BTP) – cloud-native, scalable, and fully integrated into the SAP ecosystem.

Hybrid variants are of course possible: our solution connects seamlessly with both SAP and non-SAP systems, and the alseda middleware can be deployed wherever it fits best – on SAP BTP or, for example, on hyperscalers such as AWS. alseda is firmly rooted in the SAP BTP world – but flexible enough for any infrastructure.

 SAP Pay (formerly SAP Digital Currency Hub) – the Strategic Platform for Stablecoin Payments

The financial world is undergoing a structural shift: stablecoins, tokenized assets, and digital payment infrastructures are set to become the standard in corporate finance in the coming years. SAP recognized this development early and created  SAP Pay (formerly SAP Digital Currency Hub) – a dedicated platform solution fully integrated into the SAP Business Technology Platform (BTP), covering Treasury, Payment Execution, Accounting, and Statutory Reporting.

With MiCA regulation, growing institutional interest in USDC and EURC, and the digital euro as a strategic horizon,  SAP Pay (formerly SAP Digital Currency Hub) is no longer a future project – it is an operational necessity.

alseda guides companies on this journey. 

As an SAP partner with over 20 years of experience in SAP technologies, we understand the process depth required to implement new platforms like  SAP Pay (formerly SAP Digital Currency Hub) safely and sustainably. Our expertise spans from classical SAP FI/CO and Treasury implementations to modern BTP integrations and blockchain infrastructure.

The alseda add-ons are the result of this experience: practical, immediately deployable, and designed for the reality of complex SAP landscapes.

Learn more about  SAP Pay (formerly SAP Digital Currency Hub): sap.com 

Contact us for more information at  sales@alseda.com

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