Chainlink Labs Joins WEMADE's KRW Stablecoin Alliance 'GAKS' to Set Digital Asset Standards in Korea

Chainlink Labs Joins WEMADE's KRW Stablecoin Alliance 'GAKS'

In a significant development for the digital asset landscape in Korea, Chainlink Labs has officially joined the Global Alliance for Korean Won (KRW) Stablecoin (GAKS), which is led by prominent Korean gaming company WEMADE. This partnership aims to establish comprehensive technical standards for KRW-backed stablecoins, thereby ensuring alignment with global regulatory compliance while enhancing the infrastructure's reliability.

Strengthening the Alliance

GAKS was launched in November 2025, addressing the need for real-world applications of KRW stablecoins. With Chainlink's inclusion, the alliance gains a robust support system from one of the industry's leading oracle platforms. Chainlink Labs brings technical expertise, which will prove crucial as WEMADE seeks to bolster its competitiveness in international markets and create a trustworthy ecosystem for its digital assets.

Prior to Chainlink's involvement, GAKS had already secured members including Chainalysis, CertiK, and SentBe, which add layers of security, transparency, and efficiency to the alliance's framework. Chainlink's extensive experience with major financial institutions like Swift and Mastercard positions it as an invaluable asset in enhancing the overall integrity of the KRW stablecoin infrastructure.

Benefits of Chainlink’s Participation

The partnership with Chainlink means GAKS can leverage its capabilities in several key areas:
1. Technical Standard Establishment: Chainlink will support the development of global standards tailored for the KRW stablecoin, ensuring data integrity and stability aligned with worldwide financial market norms.
2. Robust Framing for Data Integrity: With its history of securing significant financial transactions, Chainlink is anticipated to fortify the data management processes crucial for stablecoins.
3. Increased Adoption Opportunities: Members of the GAKS alliance will benefit from collaborative opportunities to utilize Chainlink's platform for various tokenized asset use cases, pushing forward the use of stablecoins in real-world transactions.

WEMADE's VP and CEO, Shane Kim, commented on this partnership, stating, "Chainlink's participation marks a significant milestone for GAKS in securing global-level technical excellence and trust. We will work closely with Chainlink to advance a robust KRW stablecoin ecosystem that aligns with our strategic goals."

Looking Ahead

Johann Eid, Chainlink Labs’ Chief Business Officer, expressed optimism regarding GAKS, highlighting that the alliance is laying down essential infrastructure for the evolving digital asset economy in Korea. He remarked that Chainlink is eager to provide its industry expertise and unlock essential opportunities for alliance members, optimizing the development of stablecoin offerings within the region.

As WEMADE enhances its focus on real-world applications for KRW stablecoins, the collaboration aims to ensure that all members maintain a strong regulatory foothold while innovating in a rapidly evolving landscape. This partnership is seen as a pivotal moment for the future of digital finance in Korea, marking a progressive step towards creating a seamless and secure digital economy.

About the Companies Involved

WEMADE: Known for its blockbuster games like The Legend of Mir and MIR4, WEMADE is at the forefront of the gaming industry, integrating advanced blockchain elements into its gameplay and digital economies. WEMIX, their proprietary Layer-1 mainnet, serves as a foundation for their blockchain ecosystem, allowing for secure payment methods and tokenized in-game assets.

Chainlink Labs: As a leading developer of the Chainlink oracle platform, Chainlink Labs plays a crucial role in bringing decentralized finance to fruition. Their technology empowers traditional finance to interact seamlessly with blockchain networks, securing significant transactions worldwide.

Through this collaboration, the expectations are high for GAKS to not only enhance the digital asset infrastructure within Korea but to also set a precedent for other nations exploring the capabilities of stablecoin adoption.

For more details, you can view WEMADE's initiatives and strategic directions by visiting their YouTube channel.