Hyundai Motors launches internal cross-border remittance system on Avalanche public chain, completes $20000 pilot transfer

According to CoinDesk, Hyundai Motor has launched an internal cross-border remittance system on the Avalanche blockchain, and its US subsidiary has completed the first $20000 USDT pilot transfer to its Mexican subsidiary. The project is led by Hyundai Card and plans to conduct a second phase pilot with Circle and Visa in Europe.