Square Tech Signs MOU with GOAT Network to Explore Stablecoin Payment Applications

South Korea's KOSDAQ-listed company Square Tech has signed a memorandum of understanding (MOU) with GOAT Network to explore the application of GOAT Network's AI Agent payment technology in real commercial payment scenarios in Korea. The two parties will prioritize exploring stablecoin payment services for foreign tourists visiting Korea, allowing tourists to verify their identity through mobile passport and complete payments using USD stablecoins at participating merchants. GOAT Network will provide the AI Agent payment technology and network infrastructure to support the AI Agent in executing purchases and payments under user authorization and preset spending limits. Additionally, both parties will explore potential opportunities to expand related businesses in the U.S. market. The related services will be implemented in phases according to applicable laws and regulatory requirements.

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