According to CoinMeta, Hyundai Motor is moving towards a more ambitious blockchain strategy after successfully testing enterprise payments based on Avalanche. Heejung Nam, the person in charge of Hyundai Motor Card's payments and business development, stated that Hyundai Motor now needs to prove that the system can operate on a larger scale. In July, Hyundai Motor Card announced the successful completion of a real cross-border payment between Hyundai Motor in the United States and Hyundai Motor in Mexico, with a transaction amount of approximately $20,000. The transaction was completed in about 7 minutes, while traditional banking infrastructure usually takes 3 to 4 hours. This project brought together Hyundai Motor Card, Hyundai Motor, Tether, Avalanche, and blockchain payment infrastructure company Axiom.