Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer

facade of a Hyundai Motor Group building in Silicon ValleyHyundai 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 […]

Source: https://news.bitcoin.com/hyundai-card-turns-20000-stablecoin-test-into-real-world-remittance-as-europe-trial-draws-closer/

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