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Square Tech and GOAT Network Sign MOU for AI Agent Stablecoin Payments in South Korea

1 reports1 sources10/22/2026 updated

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Square Tech and GOAT Network have signed a memorandum of understanding to explore AI-driven stablecoin payment services in South Korea. The initiative aims to allow foreign tourists to make USD-denominated purchases using stablecoins like USDC after mobile passport verification, with each AI agent issued an on-chain identity under the ERC-8004 standard and spending limits set for regulatory transparency. Both companies pledged compliance with Korean laws and regulations.

Written with AI from the reporting · updated 10/22/2026

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  1. 1Unclassified fact stationOct 22, 00:00recorded Oct 22, 22:06single source

    Square Tech and GOAT Network签署MOU推进AI Agent稳定币支付

    Read original source ↗ Bitcoin MagazineReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    square-tech
    Action:
    签署MOU
    Object:
    与GOAT Network合作探索AI Agent稳定币支付服务
    Occurred (fact side):
    Oct 22, 00:00
    Bitcoin Magazine ↗Report pageOriginal / first version
    Published (valid side):
    Oct 22, 21:00
    First seen (known side):
    Oct 22, 22:06
    Fact stationSingle source · one-sided claim

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Oct 22
  1. Bitcoin MagazineRelated fact: single source
    Square Tech and GOAT Network sign MOU to advance AI agent-powered stablecoin payments in South Korea

    Report first recorded Oct 22, 22:06

    Square Tech signed an MOU with GOAT Network, with DAC Labs providing technical support, to explore AI agent-powered stablecoin payment services in South Korea. The initial focus is integrating GOAT Network's technology into a stablecoin payment program for foreign tourists, which Square Tech is developing with Lordsystem, enabling identity verification via mobile passports and payments using US dollar-denominated stablecoins at participating merchants. The phased rollout is subject to Korean legal and regulatory review, amid South Korea's AI Basic Act (effective January 2026) and ongoing discussions on a Digital Asset Basic Act.

    Read original source ↗

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