Investment
Features
FeesSafety
Academy
More
Pluang+

Hyundai Card cuts cross-border payment time by 96% using stablecoins on Avalanche blockchain

Protocol Fundamentals
16 Oct 2026
Crypto Briefing
View Source
Bullish
Hyundai Card cuts cross-border payment time by 96% using stablecoins on Avalanche blockchain

Hyundai Card successfully reduced the time for a $20,000 USDT transfer between its US and Mexican subsidiaries from three to four hours to about seven minutes using Axiym Finance's infrastructure on the Avalanche blockchain. This pilot, conducted in July 2026, demonstrated the potential for stablecoins to speed up intercompany payments significantly, saving over 96% of the usual transfer time. The move also highlights how stablecoins can reduce capital lockup by 70–90%, offering multinational companies a more efficient treasury management tool. While promising, this approach introduces new risks related to issuer exposure, blockchain reliability, and regulatory compliance that need further exploration.

USDT (Tether USDT) trades at Rp17.902 on Pluang as of Oct 16, 2026 22:21 WIB. The stablecoin shows a slight 1-day increase of 0.06%. Pluang data reveals a 63% buy order activity and a typical hold time of 91 days, indicating steady investor interest amid innovations in cross-border payments.

More News (USDT)

Tether Capital invests in AIsa to simplify AI agents' access and payment for digital services.

Tether Capital invests in AIsa to simplify AI agents' access and payment for digital services.

Tether Capital has made a strategic investment in AIsa, a platform that enables AI agents to seamlessly access and pay for data, software, and computing services. This addresses a key challenge as AI agents evolve to manage workflows but struggle wit...

Protocol Fundamentals
Bullish
13 hours ago
Stablecoins like Tether enable practical everyday crypto payments by holding value steady.

Stablecoins like Tether enable practical everyday crypto payments by holding value steady.

Stablecoins such as Tether solve the volatility problem of cryptocurrencies like Bitcoin, making everyday crypto spending practical. By pegging their value to the US dollar and backing it with reserves, stablecoins maintain a steady value that allows...

Market News
Bullish
1 day ago
Tether invests in AIsa to enable AI agents to pay for services using stablecoins

Tether invests in AIsa to enable AI agents to pay for services using stablecoins

Tether Capital has invested in AIsa, a platform that allows over 250,000 AI agents to autonomously pay for APIs, models, and data using stablecoins or fiat currency. AIsa charges per API call, supporting small, frequent payments that traditional paym...

Protocol Fundamentals
Bullish
1 day ago
Bitcoin and Ether see major outflows while USDC and USDT attract inflows in crypto market.

Bitcoin and Ether see major outflows while USDC and USDT attract inflows in crypto market.

In the past 24 hours, Bitcoin and Ether experienced significant net outflows of $324 million and $443 million respectively, indicating investors are pulling funds from these major cryptocurrencies. Meanwhile, stablecoins USDC and USDT saw net inflows...

Market News
Neutral
1 day ago
Tether paid $6.3M to a firm linked to a White House crypto official amid stablecoin legislation talks.

Tether paid $6.3M to a firm linked to a White House crypto official amid stablecoin legislation talks.

Tether reportedly paid around $6.3 million to Nxum, a consulting firm partly owned by Bo Hines, a former senior White House cryptocurrency official. Hines helped advance the GENIUS Act, legislation affecting stablecoins like Tether, before leaving go...

Market News
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App