Chainlink Labs Joins Wemade’s Alliance for KRW Stablecoin

Wemade has announced that Chainlink Labs, a key developer of the Chainlink oracle network, has officially joined the Global Alliance for KRW Stablecoin (GAKS). This coalition aims to enhance the adoption of Korean won-backed stablecoins. The alliance, launched in November 2025, focuses on creating a robust ecosystem for KRW stablecoins while ensuring compliance with Korean financial regulations.

Key Takeaways

Chainlink Labs has officially joined Wemade's Global Alliance for KRW Stablecoin (GAKS).
The alliance aims to promote the adoption and reliability of Korean won-backed stablecoins.
Chainlink Labs will bolster technical expertise, contributing to a better infrastructure for digital assets in Korea.
Recent members of GAKS include prominent organizations like Chainalysis and CertiK, focusing on compliance, security, and infrastructure.
The collaboration will enhance the integrity and stability of KRW stablecoins, aligning with global financial expectations.

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Chainlink Labs Strengthens the KRW Stablecoin Alliance

Wemade has confirmed that Chainlink Labs, recognized for its contributions to the Chainlink oracle network, has joined the Global Alliance for KRW Stablecoin (GAKS). This coalition is dedicated to promoting the real-world use of Korean won-backed stablecoins.

Founded in November 2025, GAKS aims to fast-track the development of a reliable KRW stablecoin ecosystem while adhering to Korean financial regulations.

According to Wemade, Chainlink Labs will enhance the alliance’s technical credibility, playing a crucial role in establishing a high-quality digital asset infrastructure throughout Korea.

Enhancing Standards and Infrastructure

Through GAKS, Wemade intends to advance technical standardization and upgrade the infrastructure required to facilitate widespread adoption of stablecoins.

With Chainlink Labs joining the coalition, Wemade anticipates gaining support in developing global standards and increasing the reliability of KRW stablecoin frameworks.

Members of the alliance will also benefit from leveraging the Chainlink platform for essential tokenized asset applications, underscoring the growing significance of stablecoins in overall on-chain finance initiatives.

Wemade emphasized that Chainlink will be essential in ensuring that KRW stablecoins uphold data integrity, transparency, and stability, in line with global financial market standards.

Chainlink's Expertise Boosts Korea’s Stablecoin Development

Wemade has pointed out Chainlink’s leading position as the oracle platform that bridges traditional finance and on-chain markets.

The Chainlink infrastructure is in use by notable financial entities such as Swift, UBS, Euroclear, Mastercard, and Fidelity International. It also supports vital government datasets, illustrating its expanding importance in both private and public sectors.

Wemade remarked that Chainlink's extensive experience in powering a significant portion of decentralized finance (DeFi) applications makes its knowledge a critical asset as Korea develops its next-generation stablecoin ecosystem.

Expanding the Alliance with New Members

The addition of Chainlink follows the recent inclusion of other organizations into GAKS, such as Chainalysis, CertiK, and SentBe, broadening the alliance’s focus on compliance, security, financial technology, and data infrastructure.

“Chainlink’s participation is a major milestone for GAKS, reinforcing global technical excellence and trust,” said Kim SukWhan, Vice President of Wemade. “Through collaboration with Chainlink, we will further develop a robust KRW stablecoin ecosystem.”

Johann Eid, Chief Business Officer of Chainlink Labs, expressed that the alliance is a crucial advancement for Korea’s digital asset landscape.

“Wemade and the GAKS alliance are laying the foundation for the future of digital assets in Korea,” Eid stated. “Chainlink is imparting industry knowledge and creating opportunities for GAKS members to utilize the Chainlink platform as they progress with stablecoin and tokenized asset projects in both Korea and the Asia-Pacific region.”

Wemade plans to keep enhancing the adoption of KRW stablecoins through collaborations with leading global firms, focusing on technical standardization and establishing trust in Korea's evolving stablecoin market.