Hyundai Card Eyes Larger Avalanche Stablecoin Rollout
13 Articles
13 Articles
What Hyundai learned from its stablecoin test drive
Hyundai Motor credit card subsidiary completed two proof-of-concept transactions that used stablecoins to move funds between subsidiaries in the U.S. and Mexico without a bank. Next, South Korean auto manufacturer will test if the technology can be used as the backbone of its global treasury infrastructure.
Hyundai Card Moves $20K in USDT on Avalanche in 7 Minutes
Hyundai Card has completed a $20,000 cross-border intercompany payment using Tether's USDT on the Avalanche blockchain, settling the transaction between Hyundai Motor's US and Mexico units in roughly seven minutes. The South Korean credit card unit of Hyundai Motor Group is now preparing to scale the infrastructure before committing to a full commercial rollout. The pilot, first announced in July 2026, routed fiat currency from Hyundai Motor Ame…
Hyundai Card Advances Avalanche Stablecoin Pilot Into Scale
Hyundai Card is testing whether its Avalanche-based stablecoin payment model can operate at a larger scale. The move follows a live $20,000 transfer between Hyundai Motor entities in the US and Mexico, while a planned European trial could examine foreign-exchange costs.
The context in which Hyundai Card moves is not isolated. Visa, for its part, has continued to build separately settlement infrastructures based on stablecoin: the company reported of more than 160 programs of cards connected to stablecoin active globally, with an annualized volume of settlement that exceeds 20 billion dollars. [...]
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