09 Jul 202609:40
Project update
Hyundai Card's Stablecoin Pilot: 4 Hours to 7 Minutes

Hyundai Card's Stablecoin Pilot: 4 Hours to 7 Minutes

Hyundai Card and Hyundai Motor completed a stablecoin remittance pilot, moving $20,000 between the automaker's U.S. and Mexican units in about 7 minutes — versus 3–4 hours by traditional bank wire.


Phase one ran on Avalanche with Tether's USDT (via Axiym), while a European phase with Circle and Visa is set to begin in late July.


Hyundai Card now plans to expand stablecoins across settlements and fund transfers for Hyundai Motor Group's overseas units — a notable TradFi step onto onchain payment rails.