Hyundai Card Tests Stablecoin Payments on Avalanche
Hyundai Card completed a pilot of stablecoin-based cross-border payments using Tether's USDT on Avalanche. The test involved a $20,000 transfer between Hyundai Motor America and Hyundai Motor Mexico, settling in 7 minutes.
Detected & updated continuously · Source: Ruma
Avalanche (avax)
Tether (usdt)
@HyundaiCard_NFTSources
@BSCNews
Avalanche Powers Hyundai Stablecoin Pilot Hyundai Card has completed its first real world test of stablecoin based cross border payments, using Tether's USDT on the Avalanche (@avax) network. The pilot moved funds between Hyundai Motor's US and Mexico units and settled in about https://t.co/eaSkcNuP4m
@CryptoTimes_io
JUST IN: Hyundai Card has successfully tested a stablecoin-powered cross-border transfer between Hyundai Motor America and Hyundai Motor Mexico, completing a $20,000 transaction in just 7 minutes. The pilot involved @tether, @avax, and @AxiymFinance, with a second test involving https://t.co/yEpLumCFZ0