Hyundai Card uses USDT and Avalanche for first intercompany remittance trial

Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor’s U.S. and Mexican entities in about seven minutes using USDT on Avalanche.

According to a Hyundai Card press release, the proof-of-concept (PoC) involved…