Hyundai adopts stablecoins for cross-border transfers

[fullfitlarry]

https://x.com/CoinDesk/status/2075606897005146580

I guess this could be the start of a trend, although we love to see Bitcoin being accepted like what Tesla and Musk did, before suddenly made a U-turn and stop.

But now, it could be that stablecoins could be the one for now. So I guess there is nothing wrong with that. And maybe Hyundai in the future will accept it as payment not just internal transfers.

What are your thoughts? Will Hyundai or any other big business will accept crypto or stablecoins as payment schemes?

[TastyChillySauce00]

Yep, this could be a start of a trend. If they are seeing good thing coming out of it, it will cause other companies in South Korea to do the same.
South Korean companies have actually been trying to adopt crypto for quite some time, other South Korean company Samsung has even go out of their way to create their own crypto wallet which shows their commitment.

[Charles-Tim]

Rubbish. Not your post, but what Hyundai did.

Fiat can easily be transfer within the country, so why stable coins? Bitcoin should have been what they supposed to accept for the payment or at least bitcoin supposed to be among.

Stable coins can be good for the international payment, but bitcoin supposed to be the first that needs to be accepted for both within the country and internationally.