Hyundai Card tests stablecoin transfer for Hyundai Motor units
The facility, named HTWO Energy, was built at a public sewage treatment plant on a 7,500-square-meter site in Cheongju, about 137 kilometers south of Seoul
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Summary
The test involved Hyundai Motor America converting $20,000 into stablecoins and sending the funds to Hyundai Motor Mexico, where they were converted back into US dollars. Hyundai Motor Group's waste-to-hydrogen facility, HTWO Energy, in the central city of Cheongju is seen in this photo provided by the automaker on July 9, 2026. (PHOTO NOT FOR SALE) (Yonhap) ejkim@yna.co.kr (END). Hyundai Motor Group said it aims to expand the facility's average daily hydrogen production capacity to 2 tons by 2030.
Furthermore, The card issuer said a second PoC will begin later this month among Hyundai Motor subsidiaries in Europe, with more global partners including Circle and Visa set to join.
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The test involved Hyundai Motor America converting $20,000 into stablecoins and sending the funds to Hyundai Motor Mexico, where they were converted back into US dollars.
according to The Korea HeraldHyundai Motor Group's waste-to-hydrogen facility, HTWO Energy, in the central city of Cheongju is seen in this photo provided by the automaker on July 9, 2026. (PHOTO NOT FOR SALE) (Yonhap) ejkim@yna.co.kr (END)
according to Yonhap NewsHyundai Motor Group said it aims to expand the facility's average daily hydrogen production capacity to 2 tons by 2030.
according to Yonhap NewsThe card issuer said a second PoC will begin later this month among Hyundai Motor subsidiaries in Europe, with more global partners including Circle and Visa set to join.
according to The Korea Herald
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