Hyundai’s USDT treasury pilot on Avalanche settles in ~7 minutes

Hyundai completed a corporate treasury pilot using **USDT** for cross-border settlement between Hyundai Motor America and Hyundai Motor de México. The July 13, 2026 announcement says **$20,000 USD₮** was transferred on the **Avalanche** blockchain through Axiym’s regulated settlement infrastructure. Tether reported the full transfer and verification averaged **about seven minutes**, versus **3–4 hours or more** for traditional interbank rails. In the workflow, Hyundai Motor America converted USD to **USDT**, sent it to the Mexico unit, and the funds were converted back to local dollars. Hyundai Card helped set up the remittance structure and reviewed compliance, accounting, tax, legal, and internal control requirements. For traders, the key signal is growing **institutional-grade USDT** settlement on a major L1 with auditable transfer and verification. Tether frames the test as an enterprise treasury use case (not retail payments), and says further pilots are intended to expand USDT liquidity and operational transparency across settlement and FX-heavy processes.