First reported by IT Brief UK
Hyundai tests stablecoin remittance between US & Mexico
Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer
From the article
Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully tested stablecoin-based cross-border payments between Hyundai Motor Group subsidiaries in North America, slashing transaction times from hours to minutes, the card issuer recently disclosed. The […]
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