Wemade has officially announced that Chainlink Labs, a key developer behind the Chainlink oracle network, has joined the Global Alliance for KRW Stablecoin (GAKS). This coalition was established to promote the adoption of Korean won-backed stablecoins and is spearheaded by Wemade, a platform boasting over 600 million users.
Since its inception in November 2025, GAKS has aimed to accelerate the creation of a reliable KRW stablecoin ecosystem while adhering to global regulatory standards set by the Korean financial authorities. Wemade indicates that the inclusion of Chainlink Labs will bolster the technical credibility of the alliance and aid in developing institutional-grade digital asset infrastructure across Korea.
The GAKS initiative seeks not only to advance the technical standards necessary for stablecoin adoption but also to enhance the overall infrastructure that supports these currencies at scale. With Chainlink Labs now on board, Wemade expects to gain essential support in establishing global-level standards and improving the reliability of KRW stablecoin frameworks. Members of the alliance will also have the chance to leverage Chainlink’s platform for various tokenized asset applications, emphasizing the growing significance of stablecoins within the broader landscape of on-chain finance.
Chainlink’s involvement is expected to ensure that KRW stablecoins maintain the crucial elements of data integrity, transparency, and stability, aligning with the expectations of global financial markets. Wemade also highlighted Chainlink’s reputation as the leading oracle platform, essential for bridging traditional finance with the burgeoning world of on-chain markets. Major financial institutions such as Swift, UBS, Euroclear, Mastercard, and Fidelity International have adopted Chainlink infrastructure, further enhancing its credibility.
Wemade views Chainlink’s substantial experience in enabling the majority of decentralized finance (DeFi) applications as a valuable asset for Korea’s next-generation stablecoin infrastructure. The recent addition of Chainlink follows the recruitment of other notable members such as Chainalysis, CertiK, and SentBe, which broadens the alliance’s scope in compliance, security, fintech, and data infrastructure.
Kim SukWhan, Vice President of Wemade, commented on the significance of Chainlink’s participation, stating that it marks a major milestone for GAKS in securing global-level technical excellence and trust. He reiterated the commitment to foster a robust KRW stablecoin ecosystem through collaboration with Chainlink.
Johann Eid, Chief Business Officer at Chainlink Labs, expressed optimism about the alliance, emphasizing its importance for Korea’s digital asset sector. He noted that Wemade and GAKS are laying the foundation for critical infrastructure essential for the next phase of digital assets in Korea. Chainlink aims to provide industry expertise and opportunities for alliance members to utilize its platform as they continue to develop stablecoin and tokenized asset initiatives in the Korean and broader Asia-Pacific region.
Wemade has plans in place to further accelerate the adoption of KRW stablecoins through strategic partnerships with specialized global firms, with a focus on advancing technical standards and building trust in the emerging Korean stablecoin market.
