Hyundai cuts cross-border transfers to minutes via blockchain

At Avalanche Summit, Hyundai's Justin Kim showed how the automaker moved funds across borders using blockchain infrastructure, settling a USD-to-USD transfer from the US to Mexico in under seven minutes — compressing a process that traditionally takes hours or days into minutes. The demo spotlights real-world cross-border settlement on the chain as part of a wider push to bring corporate treasury and payments activity onchain.