According to Wu Blockchain, HashKey Exchange announced that it has completed real funds subscription and redemption testing for the licensed Hong Kong dollar stablecoin HKDAP in collaboration with YF Life Insurance, exploring its application in insurance payment scenarios. HKDAP is issued by licensed stablecoin issuer Arrano Financial Technology in Hong Kong, with HashKey Exchange as its primary distributor. YF Life Insurance stated that, under regulatory compliance, it plans to support customers using HKDAP to pay premiums in the future. Both parties claim that on-chain payments can reduce traditional premium settlement times from 2-3 business days to nearly real-time. https://(wublock123.com)/news/hashkey-exchange-wantong-insurance-hkdap-real-funds-redemption-stablecoin-premium-payment-66536