Crypto Globe News: South Korea’s Gyeonggi Province announced that it will launch a stablecoin-based concept verification project in August this year to explore its use in local currencies, public subsidies, and payment systems. The project will focus on validating programmable payments, zero-knowledge proofs, and reserve proof technologies, and plans to move into a second phase of testing from October to December to assess fund anti-abuse measures, privacy protection, business applicability, and user feedback.