Hyundai Card completed a live $20,000 USDT transfer on Avalanche between its US and Mexico subsidiaries, cutting settlement from hours to seven minutes.

Hyundai Card completed a $20,000 stablecoin remittance between US and Mexico in seven minutes and will expand testing to European offices with Circle and

Hyundai Card, the card and payments unit of Hyundai Motor Group, said Thursday it has verified stablecoin-based cross-border transfers between Hyundai Motor sub

Hyundai Card completed a $20,000 cross-border stablecoin settlement on Avalanche in seven minutes, with Tether and Axiym, planning a European trial next.

Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month.

Hyundai Card slashes cross-border payment times to 7 minutes in a pilot stablecoin transfer test between Hyundai U.S. and Mexico units.

The project moved live funds between subsidiaries as businesses increasingly test blockchain for faster and lower-cost cross-border payments.

Hyundai Card completed a live $20,000 USDT transfer on Avalanche between its US and Mexico subsidiaries, cutting settlement from hours to seven minutes.