Chainlink Labs Joins Wemade’s Korea KRW Stablecoin Alliance

ChainLink South Korea Stablecoin
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Tanzeel AkhtarVerified
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Feb 2018
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Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...

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Wemade announced that Chainlink Labs, one of the primary contributing developers of the Chainlink oracle network, has officially joined the Global Alliance for KRW Stablecoin (GAKS), a coalition formed to expand real-world adoption of Korean won-backed stablecoins.

Launched in November 2025, GAKS was created to accelerate the development of a trusted KRW stablecoin ecosystem while ensuring global regulatory compliance with Korean financial standards.

Wemade said Chainlink Labs will strengthen the alliance’s technical credibility and support the establishment of institutional-grade digital asset infrastructure across Korea.

Wemade Expands Standards and Infrastructure Support

Through GAKS, Wemade is working to advance technical standardization and enhance the infrastructure needed to support stablecoin adoption at scale.

With Chainlink Labs joining the alliance, Wemade said it will gain support in building global-level standards and improving the reliability of KRW stablecoin frameworks.

Alliance members will also have opportunities to leverage the Chainlink platform for key tokenized asset use cases, reflecting the growing importance of stablecoins in broader onchain finance initiatives.

Wemade noted that Chainlink will play a pivotal role in ensuring KRW stablecoins maintain data integrity, transparency, and stability aligned with global financial market expectations.

Chainlink Adds Institutional Expertise to Korea’s Stablecoin Push

Wemade highlights Chainlink’s position as the leading oracle platform powering the convergence of traditional finance with onchain markets.

Chainlink infrastructure has been adopted by major financial institutions including Swift, UBS, Euroclear, Mastercard, and Fidelity International. The network also supports key government datasets, demonstrating its growing role across both enterprise and public-sector adoption.

Wemade said Chainlink’s experience in powering the majority of DeFi applications makes its expertise a valuable addition as Korea develops next-generation stablecoin infrastructure.

Alliance Grows After Chainalysis, CertiK, and SentBe

Chainlink’s inclusion follows recent additions to GAKS, including Chainalysis, CertiK, and SentBe, broadening the alliance’s coverage across compliance, security, fintech, and data infrastructure.

“Chainlink’s participation marks a significant milestone for GAKS in securing global-level technical excellence and trust,” said Kim SukWhan, Vice President of Wemade. “Through close collaboration with Chainlink, we will continue to build a sound KRW stablecoin ecosystem.”

Johann Eid, Chief Business Officer at Chainlink Labs, said the alliance represents a key step for Korea’s digital asset sector.

“Wemade and the GAKS alliance are building critical infrastructure for the next phase of digital assets in Korea,” Eid said. “Chainlink is providing industry expertise and opportunities for GAKS members to leverage the Chainlink platform as they continue to develop stablecoin and tokenized asset initiatives in the Korean and APAC region.”

Wemade said it will continue accelerating KRW stablecoin adoption through partnerships with specialized global firms, advancing technical standardization and building trust in Korea’s emerging stablecoin market.

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