South Korea's Korea Insurance Institute to accept stablecoins for course fees

South Korea's Korea Insurance Institute announced today it will launch a pilot program to accept stablecoins for course fee payments. According to a report by Etoday, this marks the first time an educational institution in the country has accepted stablecoin payments. The new payment option will be available starting Feb. 9. Payments can be made using USDT and USDC, which the institute plans to replace with a won-denominated stablecoin once relevant legislation is passed.