According to Nexblock, Gyeonggi-do in South Korea plans to roll out, in phases, a proof of concept (PoC) for stablecoins in a local currency and public funds payment system. The first round of testing is expected to start in August, focusing on validating the full process of stablecoins from issuance, circulation, to settlement. From October to December, the testing environment will be further expanded. The overall research project is planned to end in February 2027. Zero-knowledge proof technology company Zkrypto was selected from 24 bidding institutions to test technologies including programmable payments, zero-knowledge proofs (ZK), and proof of reserves (PoR). The goal is to reduce duplicate subsidy claims, improve settlement transparency, and verify eligibility for use without directly exposing personal information.