Danal Fintech said on Monday it signed a memorandum of understanding with U.S. AI technology company Sahara AI for strategic cooperation in stablecoins and payments and finance, as it moves to advance next-generation digital financial services.

Sahara AI is a global platform company that aims to build a decentralised AI ecosystem. It secured about $43 million in investment from global top-tier investors including Samsung Next, Binance Labs, Pantera Capital and Polychain Capital, winning recognition for its technological competitiveness and growth potential.

Through the agreement, Danal Fintech and Sahara AI will work to advance next-generation digital financial services by combining stablecoin-based financial infrastructure with AI technology.

The two companies will first jointly explore ways to apply AI technology across stablecoin operations to boost service efficiency and stability. They plan to strengthen the reliability and scalability of stablecoin-based financial infrastructure through transaction flow analysis, operational automation and more advanced risk management. They also plan to gradually expand competitiveness in the market, including by pursuing expansion of a digital asset network aimed at global markets.

They also plan to conduct joint marketing for Sahara AI's AI crypto trading and asset management solution Sorin, which Sahara AI is set to launch.

A Danal Fintech official said the agreement is a starting point for jointly exploring the potential of next-generation digital financial services that combine stablecoins and AI technology. The official added the company will lead global markets with innovative fintech services that integrate stablecoins and AI.

A Sahara AI official said the combination of financial infrastructure and AI technology is a core direction for the AI economy and the digital finance industry going forward. The official added Sahara AI will continue cooperation with Danal Fintech so that Web3-based AI technology can be used in real financial service areas.