Hyundai: USDT Pilot on Avalanche Cuts Settlement to 7 Minutes
Hyundai Motor completes $20,000 USDT stablecoin transfer on Avalanche from U.S. to Mexico entity, slashing time from hours to seven minutes.
SourceAnalysis
Hyundai Motor completed a $20,000 USDT stablecoin pilot on Avalanche from its U.S. entity to its Mexico entity, reducing settlement time from several hours via traditional banking to seven minutes and marking the first such use by a major South Korean company for real-time internal cross-border treasury transfers.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,
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