Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingHyundai Card Acceleration Blockchain Roadmap: Completed stablecoin corporate payment pilot on the Avalanche network
Hyundai Card, the financial services division of Hyundai Motor Group, is accelerating the implementation of its blockchain strategy after implementing stablecoin-based corporate payments. This move marks a substantial step for the company in exploring more efficient cross-border settlement methods.
Expand the scale of blockchain-based enterprise payments
Nam Heejung, head of modern card payment and business development, emphasized that after the successful pilot, it is necessary to prove the feasibility of the system on a larger scale. Nam pointed out that the real challenge is to prove whether the stablecoin payment model can break through the limitations of proof of concept and operate effectively in practical applications.
"The next step is to prove that the entire operating model can operate normally on a large scale. If we can successfully scale up, then the economic model will fit." Nam said.
Currently, Hyundai Card is testing whether its blockchain infrastructure can support the significantly larger transaction volume and higher operational complexity required for Hyundai Motor Group's global operations.
Pilot details: Real cross-border settlement
今年7月，现代卡宣布完成了其关联公司——现代汽车美国公司（Hyundai Motor America）与现代汽车墨西哥公司（Hyundai Motor Mexico）之间真实跨境支付的试点项目。该交易涉及一笔2万美元的公司间转账。虽然从企业标准来看金额相对 modest，但其创新性在于使用了通过稳定币调拨的真实公司资金。
在试点过程中，现代汽车美国公司将2万美元兑换为USDT（由Tether发行的挂钩美元的稳定币），随后通过Avalanche区块链网络将USDT转移给现代汽车墨西哥公司。墨西哥关联公司随后将这些稳定币换回美元。
现代卡报告称，端到端的交易仅需约7分钟即可完成。相比之下，使用传统银行方法的类似交易通常需要至少3到4小时。
该项目是现代卡、现代汽车、Tether、Avalanche以及支付公司Axiom共同努力的成果。来自Avalanche的一位高管表示，这并非模拟的区块链转账，而是真实资金的真正公司间结算。
名词解释：Avalanche is a Layer-1 Proof-of-Stake blockchain designed to enable high-throughput and low-latency transactions and is often used in decentralized applications and payment scenarios.
Next steps and commercialization prospects
Many large companies have explored blockchain-based transactions, but most of these tests are still at the demonstration stage. The Hyundai Card project stands out because it uses stablecoins for substantial inter-company payments rather than just simulating activity on the test network.
If the pilot is successful, it could pave the way for blockchain-based settlement infrastructure to become a regular part of the company's Treasury process. However, Hyundai Card has not yet set a timetable for full group-wide adoption, nor has it committed to full commercial deployment.
Currently, the company continues to evaluate the scalability and reliability of blockchain solutions in enterprise applications, aiming to redefine the cross-border corporate payment experience within the automotive industry.
