Hyundai is using stablecoins for international payments

Looks like this might kick off a new trend. I mean, we all remember when Tesla and Musk were all about Bitcoin, then did a complete 180. But now, stablecoins might be the go-to for transactions. Can't really complain about that. Who knows, maybe Hyundai will expand and start accepting stablecoins for actual payments, not just for internal stuff. What do you guys think? Do you see Hyundai or any major company jumping on the crypto or stablecoin payment bandwagon?

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.

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.

It should be noted that the USDT was used, the transaction of which was carried out between divisions of Hyundai in 2 countries (USA and Mexico). Trends change. Stablecoins are all the rage now. It depends entirely on the regulator. Any company, even one as big as Hyundai, is subject to them and can't simply make bitcoin USDT a means of purchasing their cars. Only with regulator approval. Until then, crypto-enthusiasts can only dream (about purchasing a new car directly from the manufacturer for crypto).

Believe me or not. Stable coin will replace any services that claimed to provide an alternative transactions for btc. The trend of stable coin is growing so much, and it will be much bigger than this time. The reason is that alts has failed to deliver what the value of token. They mostly being used for the speculation vehicle and no more. So basically stable coin is filling this gap. That's why it's growing so fast like this. So more business will be normalizing to use stable coin for the transaction purpose. We're still in the early of stable coin adoption.