Hyundai Completes Cross-Border USDT Pilot on Avalanche
Hyundai completed a cross-border corporate treasury pilot using Tether's USDT on Avalanche, transferring $20,000 between its US and Mexican subsidiaries. The transaction settled in approximately 7 minutes, reducing the typical settlement time of hours for traditional bank wire transfers.
Detected & updated continuously · Source: Ruma
Mentioned
Tether (usdt)
@avaxSources
@WhaleSatoshi
BREAKING: Hyundai completes first cross-border payment test using Tether's USDT. https://t.co/YoHieq5fCO
@blocknewsdotcom
🚨 JUST IN: Hyundai has completed a cross-border corporate treasury pilot using Tether's USDT on Avalanche, reducing settlement times from hours to an average of 7 minutes. The pilot highlights the potential of stablecoins for faster cross-border payments. https://t.co/xCkCtMN95t
@Next100XGEMS
Hyundai just completed a cross-border treasury pilot using $USDT on #Avalanche https://t.co/YNK6op4NI9
@Cointurknews
🚀 Hyundai completed a $20,000 USDT transfer between subsidiaries in just 7 minutes. 💸 The $USDT transfer on Avalanche sharply reduced settlement time versus traditional banks. ✔️ Hyundai Card worked with Tether, Ava Labs, and Axiym for this pilot payment project. 🌍 The
@CointelegraphEE
Hyundai completó piloto de liquidación de tesorería con USDT entre EEUU y México https://t.co/DrQsPW06wH
@bitnoticias_
Hyundai testa pagamento em USDT entre EUA e México pela Avalanche https://t.co/XNj2BjiyVw
@watchernewsx
JUST IN: 🏦 Stablecoins just handled what wire transfers have fumbled for decades. Hyundai settled a cross-border treasury move between its US and Mexican units using Tether's USDT, completing a proof-of-concept that puts traditional correspondent banking on notice.