Hyundai's Shift to Stablecoins for International Deals

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#1Aug 27, 2017, 01:41 AM
Looks like Hyundai might be starting a trend. I mean, we all saw how Tesla pulled back on crypto, but now stablecoins? Seems like a good move for them. Who knows, maybe they'll accept stablecoins for car purchases down the line.
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#2Aug 27, 2017, 07:51 AM
Totally agree, this could spark something bigger. If Hyundai sees success with this, other South Korean firms will likely follow suit. I mean, Samsung’s already made their own crypto wallet, so they’re definitely interested in the crypto game.
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0x4lphaFull Member
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#3Aug 29, 2017, 04:52 PM
Nah, this is just silly. I mean, why stablecoins? Fiat works fine for domestic transfers. They should’ve gone for Bitcoin as a payment option, at least include it! Stablecoins are okay for international stuff, but Bitcoin should’ve been the priority.
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#4Aug 29, 2017, 08:11 PM
Just to point out, they used USDT for transactions between Hyundai's branches in the US and Mexico. Times are changing, stablecoins are trending right now. But honestly, it all comes down to regulations. Hyundai can’t just start accepting Bitcoin without approval.
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alt_forkMember
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#5Aug 30, 2017, 01:37 AM
I don’t know if you’re ready for this, but stablecoins are gonna take over! They’re growing so fast right now. Altcoins just don’t deliver like they should, mostly just speculation. Stablecoins are filling that void, so expect more businesses to jump on board.
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