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

Tesla Stock Forecast: Will $1.25T SpaceX-xAI Merge Boost TSLA?

Tesla Stock Forecast: Will $1.25T SpaceX-xAI Merge Boost TSLA?

Tesla shares closed at $421.96 as of February 4, holding flat while broader markets slipped. The muted move came as investors digested reports that SpaceX and xAI
Share
Coinstats2026/02/04 19:10
Moku Pledges $1M to Launch Grand Arena Season One, a 24/7 AI-Athlete Fantasy Platform

Moku Pledges $1M to Launch Grand Arena Season One, a 24/7 AI-Athlete Fantasy Platform

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Share
Blockchainreporter2025/09/22 22:20
Long-Awaited NikeSKIMS Launches To Reignite Nike’s Women’s Business

Long-Awaited NikeSKIMS Launches To Reignite Nike’s Women’s Business

The post Long-Awaited NikeSKIMS Launches To Reignite Nike’s Women’s Business appeared on BitcoinEthereumNews.com. Topline After delays due to product issues in its scheduled May release, the first NikeSKIMS activewear collections – the strategic partnership between the sportswear giant and Kim Kardashian’s $4 billion disruptive shapewear venture – will launch on both companies’ websites and in select Nike and SKIMS stores this Friday, September 26. Serena Williams for NikeSKIMS Courtesy of Nike Key Facts NikeSKIMS’ first outing will include three core activewear collections, along with four seasonal collections, all designed to support women with high-performance fabrication expected from Nike and the body-conscious styling SKIMS is known for. The introductory offering features 58 items in neutral colorways that can be combined into more than 10,000 different looks suited for an intense gym workout or a coffee run. An all-star cast of 50 elite female athletes star in the “Bodies at Work” release video, including Jordan Chiles, Romane Dicko, Beatriz Hatz, Chloe Kim, Nelly Korda, Sha’Carri Richardson, Madisen Skinner and Serena Williams, as well as Kardashian and members of UCLA and USC women’s teams. Prices will range from $38 for a bra to $128 for footed leggings, with the sweet spot for the collection in the $50 to $70 range, about even or slightly below the list price of premium activewear brands such as Lululemon and Alo Yoga. Crucial Quote “NikeSKIMS is more than a collaboration – It’s a new brand redefining activewear. With this launch, we are establishing a platform to grow NikeSKIMS, reach consumers worldwide and set a new benchmark for how activewear is experienced across retail, digital and cultural touch points,” said Jens Grede, SKIMS’ co-founder and CEO, in a statement. Key Background Nike has a lot riding on the success of the SKIMS-style meets Nike-function launch of NikeSKIMS. Nike brand revenues dropped 9% to $44.7 billion in fiscal year ended May 31…
Share
BitcoinEthereumNews2025/09/23 22:30