Hyundai is testing stablecoins USDT and USDC for faster internal transfers between its subsidiaries, reducing transfer times from hours to about 7 minutes. The pilot with Tether's USDT showed superior speed and stability compared to traditional bank transfers. Hyundai plans to expand stablecoin use beyond internal transfers to international remittances and payments. USDC currently leads stablecoin transaction volume at 63%, highlighting its growing adoption in global finance.
Avalanche's cryptocurrency AVAX rose 3.6% to about $11.53, approaching the key $12 resistance level. This price movement coincides with a significant increase in tokenized U.S. Treasuries on Avalanche's blockchain, which quadrupled to $545 million, s...
Avalanche's AVAX token rose about 5% in 24 hours, reaching around $11.45 with strong trading volume and market cap near $5.1 billion. The rally is driven by growing institutional interest in Avalanche as a platform for tokenized funds, securities, an...
Kenya's National Examinations Council now uses Avalanche blockchain to secure over 30 million academic records dating back to 1989. This system drastically speeds up diploma verification, reducing wait times from months to minutes by allowing employe...
South Korea is set to implement a new regulatory framework starting February 4, 2027, allowing blockchain-based issuance and trading of stocks, bonds, and other financial instruments. The Korea Securities Depository (KSD) will link traditional financ...
Avalanche (AVAX) experienced a sharp price drop of 3.64% within an hour, falling to $10.57 on Binance's AVAX/USDT spot pair. This decline extended its 24-hour loss to 3.75%, with the price previously at $10.97 an hour earlier. During this period, lon...
