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

• Square Tech to explore AI agent-powered payment solutions as part of its Digital Solutions (DS) business
• Initial focus on integrating GOAT Network’s technology into a stablecoin payment program for foreign tourists, currently under development with Lordsystem
• Proposed safeguards include verifiable on-chain identity, spending limits, and user authorization, with a phased rollout subject to Korean legal and regulatory review

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.