Hyundai Card is evaluating scaling its cross-border corporate payment infrastructure on the Avalanche network. Heejung Nam, head of payments and business development at Hyundai Card, confirmed that the company seeks to demonstrate that the large-scale operating model is viable following the success of a live pilot test conducted in collaboration with Tether, Axiom, and the Avalanche network.
JUST NOW: Hyundai outlined the next steps after their successful Proof of Concept with Avalanche earlier this year.
"We have to prove the entire operation model works at scale. What happens if we can scale up? Then the economic model works."
-Heejung Nam, Head of Payments & BD,…
— Avalanche🔺 (@avax) September 16, 2026
The initiative gains significant traction by marking a crucial transition from simple proof-of-concepts toward actual corporate settlement on blockchain rails. During the pilot, Hyundai Motor America transferred corporate funds in USDT to Hyundai Motor México via Avalanche, completing the full settlement and fiat conversion process in just seven minutes, compared to the standard three to four hours typical of traditional banking channels.
It remains to be validated whether the technical architecture can support the demanding treasury operating volumes of the automotive conglomerate. As of now, there is no set date for global commercial deployment, but the initiative establishes a key precedent for institutional adoption of decentralized finance.
Source: https://x.com/avax/status/2100258963229192507
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