First reported by IT Brief UK
Hyundai tests stablecoin remittance between US & Mexico
Hyundai Completes First Stablecoin-Based Cross-Border Payment Trial
From the article
The post Hyundai Completes First Stablecoin-Based Cross-Border Payment Trial appeared first on Coinpedia Fintech News Hyundai Card said it completed a stablecoin-based intercompany payment between Hyundai Motor subsidiaries in the United States and Mexico, calling it the company’s first such transaction. The $20,000 payment, conducted using a U.S. dollar-pegged stablecoin, was completed and verified in about seven minutes. The trial highlights the potential for faster cross-border corporate payments. A second …
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