According to a report by Korea Insurance News, South Korea's major insurance company Kyobo Life announced its collaboration with blockchain infrastructure company EQBR, successfully completing the industry's first proof of concept (PoC) for insurance premium collection and claims payment services based on a Korean won stablecoin. The project lasted 12 weeks and held a results-sharing meeting on June 19. The demonstration showcased how users could automatically pay premiums using Korean won stablecoins in their digital wallets, with transaction records being reflected in real-time within Kyobo Life's existing traditional insurance system. It also verified the process of paying claims to digital wallets. https://www.(wublock123.com)/news/news-63382