Danal Becomes First Korean Member of AAIF, Joins Global Firms to Establish AI Payment Standards

Danal has become the first Korean company to officially join the global AI consortium, Agentic AI Foundation (AAIF), and will collaborate with major global big tech firms to build interoperable AI payment systems.

On April 6, Danal announced that it is now a member of AAIF and explained that it plans to actively participate in collaboration and standardization efforts for AI agent-based payment technologies going forward.

AAIF, established under the Linux Foundation, is a global consortium aiming to standardize AI agent technologies. Major global companies such as OpenAI, Anthropic, Circle, Google, Microsoft, and Amazon Web Services (AWS) are participating as member companies, and Danal will work with them in the field of payment technology collaboration.

AI agents are technologies that process data and make decisions without human intervention. This is considered a promising industry, projected to grow at an average annual rate of 45.8% and reach a market size of approximately USD 236 billion (about KRW 360 trillion) by 2034. In particular, as payment networks become increasingly connected across various sectors such as online shopping and financial transactions, and as stablecoins—which have low barriers for cross-border transactions and settlements—are expected to become a primary payment method, Danal's role in this sector is drawing significant attention.

Previously, Danal was the first domestic payment company to join the 'Circle Alliance Program (CAP)' based on its partnership with Circle, and it successfully completed a proof-of-concept (PoC) for stablecoin remittance in collaboration with local banks. The company has also been refining its business model to fit market conditions by conducting local payment tests. Having already accumulated technological collaboration results with Circle, another AAIF member, Danal is expected to quickly expand cooperation with other global companies as well.

Going forward, Danal plans to leverage its accumulated data and proof-of-concept cases from the real payment industry to contribute to the development of open standards through its participation in AAIF. Additionally, the company will jointly develop an interoperability framework with fellow member companies to ensure that its stablecoin service can operate securely within the global AI agent ecosystem.

Building on this foundation, Danal's strategy is to establish a leading position by presenting an AI agent payment standard applicable not only within Korea but also in the global market as soon as related laws, regulations, and guidelines are established.

A Danal representative stated, "Joining AAIF marks the starting point for sharing our stablecoin vision with global enterprises and collaborating on interoperable technologies. We will focus our capabilities to ensure that Danal's stablecoin service becomes a safe and trusted global standard through active technological exchanges with member companies."

This content was produced with the assistance of AI translation services.