The post Hyundai Card Completes Stablecoin Cross-Border Payment Pilot appeared on BitcoinEthereumNews.com.
Hyundai Card completed a proof of concept for stablecoin-based cross-border transfers. The transaction took place between Hyundai’s US and Mexico units in just seven minutes. The pilot used a 20K USDT transfer and included Tether, Avalanche, and Axiym as partners. Hyundai Card has completed a proof of concept (PoC) for stablecoin-based cross-border transfers with Hyundai Motor America (HMA) and Hyundai Motor Mexico (HMM), marking one of the first real corporate settlement tests by a major industrial group using blockchain-based payments. The first trial involved Hyundai Motor America converting $20,000 into USDT, sending the funds to Hyundai Motor Mexico, which then converted the stablecoins back into US dollars. The entire transfer, including settlement verification, took an average of seven minutes. Hyundai Card said a comparable bank-to-bank international transfer normally re
The post Can Established Players Maintain Their Grip on the Stablecoin Sector? appeared on BitcoinEthereumNews.com.
As stablecoins continue to rise in prominence within the financial sector, ARK Invest CEO Cathie Wood believes that the market will largely remain under the control of current dominant issuers. Tether‘s USDT and Circle’s USDC, she asserts, have cemented their positions through extensive network effects, creating formidable challenges for any emerging competitors. Continue Reading:Can Established Players Maintain Their Grip on the Stablecoin Sector? Source: https://en.bitcoinhaber.net/can-established-players-maintain-their-grip-on-the-stablecoin-sector
The integration of advanced VAR and blockchain tech in World Cup 2026 could revolutionize sports officiating and fan engagement globally.
The post FIFA’s World Cup 2026 gets a VAR upgrade and a crypto makeover with Kraken, Avalanche, and Algorand appeared first on Crypto Briefing.
Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries […]
The post Hyundai Card Tests Stablecoin Payments in Global Automotive Shift appeared first on Live Bitcoin News.
The reshuffling of Bitwise's crypto ETF highlights the volatility and evolving dynamics in the crypto market, impacting investor strategies.
The post Bitwise drops Polkadot and Avalanche from flagship crypto ETF, raising questions about Hyperliquid’s staying power appeared first on Crypto Briefing.
The post Eco Powers Programmable Cross-Chain Stablecoin Liquidity with TRON Integration appeared on BitcoinEthereumNews.com.
San Francisco, California, July 9, 2026 — Eco, a leading provider of programmable cross-chain stablecoin liquidity, today integrates the TRON network. Through this integration, TRON becomes part of Eco’s unified stablecoin network, allowing users to deposit stablecoins directly into TRON applications in seconds. As one of the world’s leading blockchains for stablecoin payments, TRON processed more than $2 trillion in transfers and supported an $86 billion circulating USDT supply in Q1 2026 alone. By integrating TRON, Eco enables enterprises and developers to embed seamless cross-chain stablecoin flows into their applications, with on-demand liquidity facilitating transfers between TRON and the broader blockchain ecosystem. “TRON’s dominance in global stablecoin settlement makes it an essential infrastructure for digital finance,” said Jay Kurahashi-Sofue, CMO at
The post Bitwise Drops 2 Altcoins From Flagship Crypto ETF: Will Hyperliquid Keep Its Seat? appeared on BitcoinEthereumNews.com.
Bitwise has dropped Polkadot (DOT) and Avalanche (AVAX) from its flagship Bitwise 10 Crypto Index ETF (BITW). Hyperliquid (HYPE) and Stellar (XLM) were added to the fund’s latest monthly rebalance. BITW works like a crypto stock index fund. It automatically holds the 10 largest eligible coins by market cap, so investors gain exposure to HYPE and XLM without buying them directly. Why Hyperliquid and Stellar Entered the Bitwise 10 Crypto Index ETF Bitwise’s rebalance results show HYPE entering at a 0.93% weight and XLM at 0.38%. That makes HYPE the fund’s fifth-largest holding, ahead of Cardano (ADA), Chainlink (LINK), Litecoin (LTC), and Sui (SUI). Bitcoin (BTC) still accounts for 77.54% of the fund. Bitwise 10 Crypto Index ETF holdings after adding Hyperliquid and Stellar, Source: Bitwise Hyperliquid earned its seat through sheer size. The token ranks 10th am
The post Circle Faces Criminal Contempt as USDC Recovery Order Sparks Legal Fight appeared on BitcoinEthereumNews.com.
The post Circle Faces Criminal Contempt as USDC Recovery Order Sparks Legal Fight appeared first on Coinpedia Fintech News As crypto scams continue draining millions from victims, law enforcement agencies are increasingly leaning on stablecoin issuers to help freeze stolen funds before they disappear. Now, that growing dependence has landed Circle in the middle of an unusual legal battle after Wisconsin prosecutors accused the company of refusing to comply with the court order aimed … Source: https://coinpedia.org/news/circle-faces-criminal-contempt-as-usdc-recovery-order-sparks-legal-fight/
The post Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report appeared on BitcoinEthereumNews.com.
Prosecutors in Wisconsin and New York are growing frustrated with stablecoin giant Circle after it repeatedly ignored law enforcement requests and court orders trying to recover stolen funds. The International Consortium of Investigative Journalists (ICIJ) detailed how the firm is facing criminal complaints and referrals to Congress over its inability to take action when asked to help recover funds. Milwaukee County Police Detective Scott Simons told the ICIJ that he’s seen over a dozen cases where Circle has either refused law enforcement requests to freeze victim funds, or where court orders weren’t obtained quickly enough to stop the flow of crypto. The report details how the loss of $400,000 by one pig-butchering victim in Wisconsin led to state prosecutors filing a criminal complaint against Circle in April. Prosecutors claimed that the firm did intentional
