Woofun AI reports that Hyundai Motor America and Hyundai Motor Mexico successfully executed the first enterprise-level cross-border settlement proof of concept on the Avalanche network using the Axiym platform. The test involved converting $20,000 into USDT for transfer between entities before redeeming it back to dollars, completing the entire verification process in an average of 7 minutes. This duration contrasts sharply with the 3 to 4 hours typically required for traditional interbank transfers. Tether indicated plans to investigate additional cross-border corridors and local currency settlement scenarios in subsequent phases.