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Altcoins & DeFi

Hyundai Card cuts cross-border payment time by over 96% with Axiym on Avalanche

Image: Crypto Briefing

A $20,000 USDT transfer between Hyundai's US and Mexican subsidiaries settled in about seven minutes instead of three to four hours Moving $20,000 between two subsidiaries of the same company should be quick. With a traditional bank wire, it usually eats most of an afternoon. Hyundai Card, the financial services arm of the Hyundai Motor Group, recently tried a different route. Using Axiym Finance’s infrastructure on the Avalanche blockchain, it cut the transfer time for an intercompany payment by more than 96%. The pilot ran on July 9, 2026. It moved $20,000 in USDT, Tether ’s dollar-pegged stablecoin, from Hyundai’s US subsidiary to its Mexican subsidiary. The whole process took roughly seven minutes.

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