#axiym

The post Hyundai Card Tests Stablecoin Global Payments. appeared on BitcoinEthereumNews.com. Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries in the United States and Mexico, marking a major step toward blockchain-powered corporate settlements. The payment company tested real intercompany transfers using stablecoins, aiming to improve international payment efficiency while exploring new financial infrastructure for global operations. Hyundai Card Completes Stablecoin Transfer Between Hyundai Units Hyundai Card, the payments division of Hyundai Motor Group, said Thursday it has completed a proof-of-concept (PoC) involving stablecoin transfers b

Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries […] The post Hyundai Card Tests Stablecoin Payments in Global Automotive Shift appeared first on Live Bitcoin News.

The post Hyundai Card Completes Stablecoin Cross-Border Payment Pilot appeared on BitcoinEthereumNews.com. Hyundai Card completed a proof of concept for stablecoin-based cross-border transfers.  The transaction took place between Hyundai’s US and Mexico units in just seven minutes. The pilot used a 20K USDT transfer and included Tether, Avalanche, and Axiym as partners. Hyundai Card has completed a proof of concept (PoC) for stablecoin-based cross-border transfers with Hyundai Motor America (HMA) and Hyundai Motor Mexico (HMM), marking one of the first real corporate settlement tests by a major industrial group using blockchain-based payments. The first trial involved Hyundai Motor America converting $20,000 into USDT, sending the funds to Hyundai Motor Mexico, which then converted the stablecoins back into US dollars. The entire transfer, including settlement verification, took an average of seven minutes.  Hyundai Card said a comparable bank-to-bank international transfer normally re