Hyundai Card, the financial services arm of Hyundai Motor Group, reduced the time for an intercompany payment by more than 96% using Axiym Finance’s infrastructure on the Avalanche blockchain. A $20,000 USDT transfer between its US and Mexican subsidiaries settled in approximately seven minutes, compared to the three to four hours required for a traditional bank wire. This pilot, conducted on July 9, 2026, marks the first public use of a production-ready stablecoin treasury settlement by a major South Korean conglomerate on Avalanche. Axiym, which describes itself as a liquidity-as-a-service provider, reported cumulative stablecoin payment volume exceeding $2 billion as of October 2026, with a 70 to 90% reduction in capital lockup for its clients.
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