Global insurance broker Aon tests stablecoin payments on Ethereum, Solana with Coinbase, Paxos

Global insurance broker Aon conducted a proof-of-concept to settle insurance premium payments using stablecoins, marking a potential shift in corporate finance settlements. The London-based firm collaborated with Coinbase and Paxos to execute transactions using Circle's USDC token on Ethereum and PayPal USD (PYUSD) on Solana. This initiative is noted as the first known instance of a major global insurance broker accepting stablecoins for premium settlement, even in a controlled test. Proponents suggest stablecoins could streamline the insurance industry's payment process, which currently relies on slower, multi-day bank clearing systems. The test also reflects the growing integration of the stablecoin market into traditional finance, encouraged by clearer regulatory frameworks like the U.S. Genius Act of 2025. Aon stated the work helps them evaluate future efficiency and cost-saving opportunities as the technology matures.

(Source：CoinDesk)