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Square Tech and GOAT Network Sign MOU to Advance AI Agent-Powered Stablecoin Payments in South Korea

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Square Tech and GOAT Network Sign MOU to Advance AI Agent-Powered Stablecoin Payments in South Korea

Bitcoin Magazine

Square Tech and GOAT Network Sign MOU to Advance AI Agent-Powered Stablecoin Payments in South Korea

SEOUL, October 22, 2026 – Square Tech (KOSDAQ: 148250) announced today that it has signed a Memorandum of Understanding (MOU) with GOAT Network, the Bitcoin-secured infrastructure for agentic commerce, to explore AI agent-powered stablecoin payment services in South Korea as part of its Digital Solutions business. DAC Labs, the core infrastructure developer behind GOAT Network, has also joined the agreement to provide technical support.

As an initial priority, the companies will explore integrating GOAT Network’s AI agent payment technology into a stablecoin payment program for foreign tourists that Square Tech is currently developing with Lordsystem, a South Korean mobile identity verification company. The program aims to enable foreign visitors to verify their identities using mobile passports and make payments at participating merchants in South Korea using US dollar-denominated stablecoins. The partners will also evaluate potential expansion into additional services, including digital gift card and voucher purchases, subject to applicable legal and regulatory reviews.

Under the agreement, Square Tech will lead domestic business development, merchant partnerships, and regulatory engagement. GOAT Network will provide its AI agent payment technology and network infrastructure, while DAC Labs will support technical integration, security reviews, and network operations.

The collaboration comes as South Korea continues to develop its regulatory frameworks for artificial intelligence and digital assets. The country’s AI Basic Act, formally known as the Act on the Development of Artificial Intelligence and Establishment of a Foundation for Trust, came into effect in January 2026.


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