Hyundai Card plans to scale Avalanche payments after pilot
- —A pilot $20,000 USDT transfer via Avalanche took an average of 7 minutes
- —Through traditional banking infrastructure, the operation would have taken 3–4 hours
- —The project involved Hyundai Card, Hyundai Motor, Tether, Avalanche and Axiom
- —No decision on scaling to Hyundai Motor Group or commercialization timeline was announced
Why it matters: A successful pilot by a major automaker could accelerate stablecoin adoption in corporate settlements and boost demand for the Avalanche network.
Source: U.Today