Chainlink Labs, the primary developer of the biggest blockchain oracle network, has become part of the KRW Stablecoin Alliance “GAKS” led by WEMADE. This will provide Chainlink’s strategic support to elaborate technical standards and infrastructure South Korea needs to keep developing its KRW stablecoin ecosystem.
Chainlink’s Role in Building a Trusted KRW Stablecoin Framework
Launched in November 2025, GAKS is a consortium of companies created to help establish a compliant and broadly adopted ecosystem for stablecoins pegged to the Korean Won. The integration with Chainlink is a major move, since they will utilize their knowledge gained from working with large multinational companies, including Society for Worldwide Interbank Financial Telecommunications (SWIFT) and Union Bank of Switzerland (UBS), as well as the U.S. Department of Commerce, to help members of GAKS build solid data oracle and smart contract infrastructure.
This arm will be the fundamental stone to maintaining a stable price, a high level of transparency, and the ability to interoperate seamlessly with both traditional financial systems and other blockchain applications, which were key factors in establishing a foundation of trust for broader institutional use.
This Alliance Signals Korea’s Strategic Push in Digital Assets
The alliance between WEMADE and GAKS, alongside Chainlink on technical partnerships, demonstrates South Korea’s strategic push towards being a leader in regulated digital asset innovation in the region. With the announcement, GAKS is able to pull together an all-encompassing lineup of services which includes Chainlink (data oracles), Chainalysis (compliance analytics), CertiK (security audits), and SentBe (fintech/remittance) to create a full-stack framework to support South Korean digital currency development path.
Ultimately, this aligns with reducing South Korea’s reliance on USD-backed stablecoins and sets the foundation for other countries looking to create a model for national economies to tokenize currencies through private sector collaboration
