Danal Secures Technology and Talent Ahead of Stablecoin Institutionalization... "Aiming to Set Market Standards with Next-Generation Payment Network"

As discussions around the institutionalization of stablecoins in South Korea are gaining momentum, Danal is accelerating its efforts in technology investment and talent acquisition to strengthen its market leadership. On December 10, Danal announced that it has made a strategic investment in Superblock, a next-generation blockchain technology company, and established a collaborative partnership.

Superblock is a technology company attracting global attention in the Web3 market for developing "OverProtocol," a lightweight node-based Layer 1 blockchain that anyone can operate. Additionally, through its "OverFlex" service, which allows users to easily earn rewards and trade vouchers without specialized blockchain knowledge, the company is leading the integration of blockchain technology into everyday life.

Through this partnership, Danal’s affiliate Danal Fintech plans to implement the following for its SaaS (Stablecoin-as-a-Service) platform currently under development: application of the web payment standard "x402 Protocol," establishment of a low-cost settlement infrastructure based on stablecoins, and realization of an AI agent payment network. The company aims to commercialize these features in line with the timing of regulatory institutionalization. The x402 Protocol is a next-generation technology standard designed to enable instant value exchange on the web for content or services without complex intermediaries.

Furthermore, Jaeyoon Kim, CEO of Superblock, will serve as Chief Strategy Officer (CSO) at Danal Fintech and collaborate on the group’s stablecoin business technology strategy and roadmap. Kim, who holds a Ph.D. in Electrical and Computer Engineering from Seoul National University, founded the university’s blockchain society "Decipher" in 2018 and is recognized as an expert who has presented blockchain optimization research at top-tier international conferences such as EuroSys.

In addition, Danal and Superblock have agreed to proactively prepare for the era of "Agentic Commerce," where AI will carry out payments on behalf of users. In the x402-based smart contract environment, AI will be able to autonomously process payments within its granted authority, which is expected to fundamentally transform future commerce structures.

A Danal representative stated, "Proof of concept (PoC) for our Korean won-based stablecoin technology is progressing smoothly, and this partnership is about establishing the technical foundation for immediate market application after legislation. By achieving technological completeness ahead of competitors, we will actively work to establish market standards following the institutionalization of stablecoins."

An industry official commented, "At this turning point in domestic stablecoin policy, Danal’s proactive technology partnerships and talent acquisition will be key factors in determining leadership in the South Korean stablecoin market going forward."