According to Asia Economy, Hyundai Card and Hyundai Motor announced on the 9th that they have completed a PoC (Proof of Concept) for stablecoin remittances between Hyundai Motor's US and Mexico subsidiaries, and will proceed with a PoC between Hyundai Motor's European subsidiaries. In addition to Hyundai Card and Hyundai Motor's US and Mexico subsidiaries, stablecoin issuer Tether, Avalanche, and blockchain payment infrastructure company Axiym participated in this demonstration.