Chainlink Labs Joins Wemade’s Korea KRW Stablecoin Alliance
Yahoo Finance·2026-01-27 13:38

Core Insights - Wemade announced that Chainlink Labs has officially joined the Global Alliance for KRW Stablecoin (GAKS) to enhance the adoption of Korean won-backed stablecoins [1] - The alliance aims to develop a trusted KRW stablecoin ecosystem while ensuring compliance with global regulatory standards [1] Group 1: Alliance Formation and Objectives - GAKS was launched in November 2025 to accelerate the development of a KRW stablecoin ecosystem [1] - The inclusion of Chainlink Labs is expected to strengthen the alliance's technical credibility and support the establishment of institutional-grade digital asset infrastructure in Korea [2][3] Group 2: Technical Standards and Infrastructure - Wemade is focused on advancing technical standardization and enhancing infrastructure to support stablecoin adoption at scale through GAKS [3] - Chainlink's participation will aid in building global-level standards and improving the reliability of KRW stablecoin frameworks [3][4] Group 3: Role of Chainlink - Chainlink will play a crucial role in ensuring that KRW stablecoins maintain data integrity, transparency, and stability in line with global financial market expectations [4] - Chainlink is recognized as the leading oracle platform that bridges traditional finance with onchain markets, having been adopted by major financial institutions [5][6] Group 4: Recent Developments in the Alliance - The addition of Chainlink follows recent inclusions of Chainalysis, CertiK, and SentBe, expanding the alliance's coverage in compliance, security, fintech, and data infrastructure [7] - The Vice President of Wemade emphasized that Chainlink's participation marks a significant milestone for GAKS in achieving global-level technical excellence and trust [8]

Chainlink Labs Joins Wemade’s Korea KRW Stablecoin Alliance - Reportify