#Singapore #WEMADE #WEMIX #KRW Stablecoin

Introduction

In an ambitious move to advance the adoption of stablecoins in South Korea and beyond, WEMADE, a leading gaming company and parent of the blockchain ecosystem WEMIX, has announced a strategic partnership with prominent industry players, including Chainalysis, CertiK, and SentBe. This newly formed alliance is centered around the development of a KRW (Korean Won) backed stablecoin, referred to as the Global Alliance for Korean Won Stablecoin (GAKS).

The Formation of GAKS

On November 28, 2025, WEMADE held a signing ceremony in Singapore where key representatives from the alliance came together to celebrate the partnership's launch. This collaborative effort is aimed at enhancing the technical capabilities of StableNet, a dedicated blockchain infrastructure developed by WEMADE for KRW stablecoin transactions. Given the rapid growth and increasing significance of stablecoins in the global financial landscape, the GAKS initiative is poised to make substantial contributions to the sector.

The Role of Each Partner

1. Chainalysis: Renowned for its expertise in blockchain compliance, Chainalysis will integrate its advanced Web3 threat detection and compliance solutions into StableNet. Their tools, including Hexagate for security monitoring, Sentinel for transaction oversight, and Alterya for detecting scams, will be instrumental in ensuring that the infrastructure is built on a secure and compliant foundation.

2. CertiK: As a leader in Web3 security services, CertiK brings valuable experience overseeing security audits and providing a block explorer for enhanced transparency within the stablecoin ecosystem. Their continuous support in node validation will further strengthen the infrastructure, enabling safer and more transparent transactions.

3. SentBe: This fintech company specializes in cross-border remittance services, operating in 33 currencies across 174 countries. With its regulatory licenses and proprietary payment infrastructure, SentBe will facilitate verification processes necessary for utilizing the KRW stablecoin in cross-border remittances, enhancing its real-world application.

A Vision for Global Adoption

The partnership reflects WEMADE's commitment to not only develop a KRW stablecoin but also ensure its compliance with global standards. Shane Kim, CEO of WEMIX, emphasized the importance of this collaboration, stating that GAKS will offer domestic partners a chance to join a world-class technology alliance, propelling insights into the future of digital finance.

The push for stablecoins in South Korea comes at a timely moment, as the country rapidly develops its regulatory frameworks and infrastructure around digital currencies. The alliance aims to address security, compliance, and usability—key features needed for broader adoption within and beyond South Korea.

Future Prospects

The testnet for StableNet was released in October, with an official launch expected in early 2026 following rigorous stability tests. This timeline indicates the alliance's commitment to a swift yet thorough approach to deploying the necessary technology for KRW-backed stablecoin transactions.

By pioneering a stablecoin framework focused on security and compliance, this alliance seeks to position the KRW stablecoin not only as a tool within South Korea's borders but as a reliable option on the global stage. Discussions held during the launch regarding future market trends indicate a shared belief in the potential of stablecoins to reshape how remittances and cross-border transactions are conducted, making them a more accessible and efficient option for users globally.

Conclusion

WEMADE's collaboration with Chainalysis, CertiK, and SentBe is a significant step towards solidifying the functionality and reliability of KRW-backed stablecoins. As South Korea strives to become a leader in the stablecoin sector, the establishment of this alliance marks an important milestone in building a robust, compliant, and secure digital currency infrastructure. With these developments, WEMADE is excited to lead the charge into a future where digital currencies become seamlessly integrated into everyday financial transactions, benefitting a broad array of users, from individuals to institutions.