28 January 2026 | Wednesday | News
Picture Courtesy | Public Domain
leading Korean gaming company WEMADE, parent company of the global blockchain ecosystem WEMIX, announced that Chainlink Labs, one of the primary contributing developers of Chainlink, the industry-standard oracle platform, has officially joined the Global Alliance for Korean Won (KRW) Stablecoin (GAKS).
Chainlink is the leading oracle platform for the digital assetindustry, powering the convergence of the traditional financial system with on-chain finance. Many of the world's largest financial institutions have adopted the Chainlink standard and infrastructure—including Swift, UBS, Euroclear, Mastercard, and Fidelity International—while also bringing key data from the U.S. Department of Commerce on-chain, demonstrating its industry leadership with governments and major financial institutions worldwide. Chainlink's work with these organizations and market infrastructures, as well as its role in powering the majority of DeFi, makes its expertise an extremely valuable addition to the KRW stablecoin alliance.
Through the GAKS alliance, Chainlink Labs will provide strategic support to enable the establishment of global standards and contribute to the development of institutional digital asset use cases across our set of enterprise alliance members. Chainlink will also play a pivotal role in ensuring that KRW stablecoins maintain data integrity and stability aligned with global financial market standards.
With the addition of Chainlink, GAKS has now assembled a comprehensive alliance spanning security, regulatory compliance, fintech, and data infrastructure, following previous partnerships with Chainalysis, a blockchain data analytics and compliance firm CertiK, a blockchain security audit firm SentBe, a global fintech and international remittance company, and now Chainlink, the industry-standard oracle platform.
WEMADE is accelerating real-world use cases for KRW stablecoins through alignment with global regulatory compliance and collaboration with industry-leading specialized firms, establishing technical standardization and a trusted ecosystem aligned with GAKS's vision.
Fintech Business Asia, a business of FinTech Business Review
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