South Korean payment gateway company Danal has joined the global Open Standard consortium, becoming the first domestic payment gateway firm to enter the OpenUSD ecosystem. Open Standard, backed by approximately 140 companies including Visa and Mastercard, is developing OpenUSD (OUSD), a U.S. dollar-based stablecoin intended as a neutral payment asset for institutional settlement and fund transfers. Existing members also include Stripe, Samsung Electronics and Google. Danal plans to connect its payments infrastructure and domestic merchant network to OUSD-based payment and settlement functions, with longer-term ambitions for cross-border payments and crypto settlement. OUSD is governed through the consortium rather than by a single institution and is slated for issuance on blockchain networks including Solana and Base. Any rollout for merchants or consumers remains subject to technical integration and regulatory approvals, while South Korea’s anti-money-laundering and know-your-customer requirements continue to shape digital-asset adoption.