Crypto界网 news: The South Korean government has announced the launch of the first government-supported blockchain stablecoin pilot. Gyeonggi-do confirmed that a concept verification project will begin in August and run for eight months. The project is led by blockchain security company zkrypto and is expected to continue until February 2027. In the initial phase, it will test stablecoin issuance, circulation, and settlement. From October to December, it will enter a second phase focused on studying anti-fraud measures and privacy protection. zkrypto said the system will use zero-knowledge proof technology to prevent double spending while protecting user privacy. The project aims to assess whether locally issued digital assets can support financial services for the public sector.