The post Wemade Adds Chainlink to KRW Stablecoin Alliance Infrastructure appeared on BitcoinEthereumNews.com. Blockchain company Wemade added Chainlink Labs to The post Wemade Adds Chainlink to KRW Stablecoin Alliance Infrastructure appeared on BitcoinEthereumNews.com. Blockchain company Wemade added Chainlink Labs to

Wemade Adds Chainlink to KRW Stablecoin Alliance Infrastructure

3 min read

Blockchain company Wemade added Chainlink Labs to its Global Alliance for KRW Stablecoins (GAKS), expanding the consortium’s data and oracle infrastructure as it builds compliance-focused rails for won-pegged stablecoins. 

On Tuesday, Wemade announced that Chainlink will provide technical support for data integrity, infrastructure standards and tokenized asset use cases. Wemade said Chainlink’s role will also focus on supporting standardization and enabling alliance members to leverage oracle services. 

The addition follows earlier partnerships with blockchain analytics firm Chainalysis, security auditor CertiK and remittance provider SentBe, which collectively formed the GAKS initiative. 

The move comes as South Korea’s stablecoin policy debate remains unresolved, with authorities divided over issuer eligibility and oversight. GAKS’ focus on infrastructure rather than issuance highlights how industry players are preparing for regulatory clarity while avoiding direct exposure to unresolved policy risks.

Cointelegraph reached out to Chainlink for comment on its future role in the consortium but had not received a response by publication. 

Source: Chainlink

Compliance-first infrastructure, not issuance

GAKS was launched in November 2025 as part of Wemade’s broader push to reset its blockchain strategy after years of operational and regulatory setbacks. 

On Nov. 28, Wemade said the alliance would support StableNet, a dedicated mainnet for KRW-backed stablecoins, acting as a technology and consortium partner while avoiding the role of issuer. 

Within the alliance, Chainalysis would be responsible for monitoring and threat detection, CertiK for node validation and security audits and SentBe for regulated remittance infrastructure across jurisdictions. 

Chainlink’s inclusion adds an oracle layer that can support price data, onchain verification, and other data-driven functions commonly required by institutional digital asset systems. 

“Through close collaboration with Chainlink, we will continue to build a sound KRW stablecoin ecosystem,” said Wemade vice president Kim SukWhan.

Related: South Korea’s Coinone weighs stake sale amid Coinbase speculation

Regulatory backdrop shapes industry posture

The infrastructure-first approach also reflects mounting regulatory caution in South Korea. 

At the Asian Financial Forum in Hong Kong, Bank of Korea Governor Lee Chang-yong warned that won-denominated stablecoins could complicate foreign exchange management and capital flow controls, adding friction to ongoing legislative debates over stablecoin issuance rules. 

Lawmakers remain divided over whether only banks should be allowed to issue won-pegged stablecoins or whether non-bank entities should be allowed under regulatory oversight. 

Magazine: Hong Kong stablecoins in Q1, BitConnect kidnapping arrests: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Source: https://cointelegraph.com/news/wemade-krw-stablecoin-alliance-adds-chainlink?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Let insiders trade – Blockworks

Let insiders trade – Blockworks

The post Let insiders trade – Blockworks appeared on BitcoinEthereumNews.com. This is a segment from The Breakdown newsletter. To read more editions, subscribe ​​“The most valuable commodity I know of is information.” — Gordon Gekko, Wall Street Ten months ago, FBI agents raided Shayne Coplan’s Manhattan apartment, ostensibly in search of evidence that the prediction market he founded, Polymarket, had illegally allowed US residents to place bets on the US election. Two weeks ago, the CFTC gave Polymarket the green light to allow those very same US residents to place bets on whatever they like. This is quite the turn of events — and it’s not just about elections or politics. With its US government seal of approval in hand, Polymarket is reportedly raising capital at a valuation of $9 billion — a reflection of the growing belief that prediction markets will be used for much more than betting on elections once every four years. Instead, proponents say prediction markets can provide a real service to the world by providing it with better information about nearly everything. I think they might, too — but only if insiders are free to participate. Yesterday, for example, Polymarket announced new betting markets on company earnings reports, with a promise that it would improve the information that investors have to work with.  Instead of waiting three months to find out how a company is faring, investors could simply watch the odds on Polymarket.  If the probability of an earnings beat is rising, for example, investors would know at a glance that things are going well. But that will only happen if enough of the people betting actually know how things are going. Relying on the wisdom of crowds to magically discern how a business is doing won’t add much incremental knowledge to the world; everyone’s guesses are unlikely to average out to the truth. If…
Share
BitcoinEthereumNews2025/09/18 05:16
👨🏿‍🚀TechCabal Daily – When banks go cashless

👨🏿‍🚀TechCabal Daily – When banks go cashless

In today's edition: South Africa's biggest banks are going cashless || Onafriq and PAPSS pilot Naira wallet transfers from Nigeria to Ghana || South Africa just
Share
Techcabal2026/02/04 14:02
Strategic Expansion: Bitwise’s Pivotal Acquisition of Staking Platform Chorus One Reshapes Institutional Crypto

Strategic Expansion: Bitwise’s Pivotal Acquisition of Staking Platform Chorus One Reshapes Institutional Crypto

BitcoinWorld Strategic Expansion: Bitwise’s Pivotal Acquisition of Staking Platform Chorus One Reshapes Institutional Crypto In a significant move for the institutional
Share
bitcoinworld2026/02/04 14:25