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Avalanche Powers Hyundai Stablecoin Pilot Hyundai Card has completed its first real world test of stablecoin based cross border payments, using Tether's USDT on the Avalanche (Avalanche🔺) network. The pilot moved funds between Hyundai Motor's US and Mexico units and settled in about seven minutes. Traditional bank transfers take...

26,913 просмотров • 2 месяцев назад •via X (Twitter)

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A traveler taps her card at a market thousands of miles from home. The payment feels instant, simple, straightforward. It’s not. Behind that tap, money may need to move across currencies, banks, payment providers, and borders. Traditional systems often require companies to park funds in local accounts before they are needed, leaving capital stagnant for long periods of time where it’s not able to earn a return or be put to work. Members of the Avalanche Payments Collective are building a more efficient global payments model, one that keeps capital productive up until the moment it needs to move. Here are five members working across different parts of cross-border payments and treasury infrastructure: Axiym provides payment and treasury infrastructure that helps institutions route liquidity and settle transactions without pre-funding every market. Its technology supported Hyundai Motor America’s stablecoin payment to its Mexico affiliate, completed on Avalanche in minutes instead of days. Nonco helps institutions exchange currencies and stablecoins by requesting prices directly from a network of professional liquidity providers. That gives them access to more competitive rates while allowing both sides of the transaction to settle together onchain. SMBC, Japan’s second-largest bank, is exploring stablecoin infrastructure for wholesale institutional payments. It is also working alongside MUFG and Mizuho on a potential yen-pegged stablecoin initiative built on Avalanche. StraitsX is working with KBank through Project BLOOM to develop payment infrastructure that can improve settlement across Southeast Asian corridors where moving money remains particularly slow and expensive. AeraTech helps multinational companies manage cash across subsidiaries, offset internal obligations, and settle inter-company payments without unnecessarily routing every transaction through external banks. These different companies all represent or engage with different parts of the payment and treasury stack. But they all have a shared goal: keep capital working longer, move it when it is needed, and make cross-border payments faster and more efficient. That is what the Avalanche Payments Collective is bringing together. Frictionless, borderless payments that really are instant, simple, and straightforward.

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We all remember. We all remember when blockchain was pitched as the next big thing. And today, we feel like we’ve been waiting and waiting. Until recently, Blockchain was too expensive, slow under load, and hard to integrate for most businesses. So enterprises ignored it. It didn’t solve their business problems. That’s changed. Why blockchain, why now? Businesses don’t care about the tech, they care about cost and performance. They’d ask a simple question “Does it save or make me more money?” For a long time, blockchain didn’t clearly do this. That’s no longer true. Blockchain is proving real business cases, especially on Avalanche. On Avalanche, transactions cost fractions of a cent. settle in about a second. And instead of forcing everything onto one shared chain, businesses can launch their own Avalanche L1s with their own rules. To understand this let’s identify the problem and then provide the solution in a way that's easy to understand. Where Businesses Lose Money Most large industries lose money due to operational inefficiencies. Data lives in different systems. Teams spend hours reconciling records that should already match. Intermediaries sit in the middle, taking fees to coordinate all of it. Individually, each step looks small. Together, they create real cost: > Labor spent on manual processes > Capital locked up during settlement delays > Fees paid to intermediaries > Risk introduced by time gaps and mismatched data This is where businesses actually lose money. Not in big, obvious ways. In constant, compounding friction. Take Private Credit, for Example Private credit is loans held outside of traditional banks. It’s a multi-trillion dollar market, and much of it still runs on spreadsheets and weekly reconciliation processes. Loan data is tracked across systems. Teams manually process requests. Funds move on traditional rails, often on delayed cycles. It doesn’t have to be this way Entire teams exist just to keep systems in sync. Now move that system onto Avalanche. Loan data updates in real time. Transactions settle in about a second. Every participant sees the same state instantly. Reconciliation isn’t a separate step because the system itself is the source of truth. The impact is straightforward. > Reduced manual work > Shortened settlement cycles > Fewer layers of coordination between parties Avalanche is Infrastructure for Real Businesses Avalanche is designed to match how businesses actually operate. Instead of sharing a single chain, they can launch their own Avalanche L1s with custom rules, built-in compliance, and predictable performance. They control the system. Avalanche’s Moment For the longest time, blockchain naysayers said this could all be done better with spreadsheets or existing systems. They were right. That’s what the technology allowed. Now it’s changed. Avalanche can replace many of those systems with real-time settlement, shared data, and automated execution. For the first time, the economics work. Built for business. 🔺

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