Hyundai completes USDT treasury settlement pilot between US and Mexico

CoinTelegraph·

Hyundai completes USDT treasury settlement pilot between US and Mexico

60-second summary

Hyundai is completing a USDT treasury settlement pilot between its US and Mexican subsidiaries, utilizing Tether's stablecoin for cross-border transfers. This proof-of-concept marks growing enterprise interest in stablecoin-based payments. The pilot showcases the potential for USDT to streamline international transactions, likely increasing adoption among large companies seeking cost-effective and efficient global payment solutions.

Hyundai completed a proof-of-concept using Tether's USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based payments.