Aon Introduces Insurance Premium Payments with Stablecoins, a First in the US Insurance Sector

Aon, a global insurance brokerage giant based in the UK and US, officially announced on the 9th (local time) that it has completed the industry's first insurance premium settlement using cryptocurrency stablecoins. This payment involved collaboration with client companies such as Coinbase and Paxos, utilizing US dollar-linked assets like USDC on the Ethereum network and PYUSD on the Solana network. The company highlighted improvements in payment speed and transparency, among other benefits...