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A growing push around Korean won stablecoins picked up new momentum after Chainlink Labs joined the Global Alliance for KRW Stablecoin. The move adds technical depth and institutional credibility as the group works to expand regulated KRW-backed digital assets beyond domestic markets.
Good to Know
GAKS launched in November 2025 with a clear focus on supporting Korean won stablecoins under local financial rules while encouraging broader global use. The alliance promotes compliance-first development, aiming to align digital currency infrastructure with regulatory expectations in Korea and abroad.
Members bring specialized expertise. Chainalysis contributes compliance analytics, CertiK supports security auditing, and SentBe adds fintech infrastructure tied to payments. Chainlink Labs now joins that mix, expanding the alliance reach into data standards and blockchain connectivity.
Chainlink Labs will support technical standardization and infrastructure design across GAKS initiatives. Oracle and data services from Chainlink aim to improve transparency, data accuracy, and system reliability for stablecoin issuance and related tokenized assets.
Johann Eid, Chief Business Officer at Chainlink Labs, said:
“This collaboration allows GAKS members to leverage Chainlink platform as they develop stablecoin and tokenized asset initiatives aligned with institutional requirements.”
That focus aligns with GAKS efforts to ensure KRW stablecoins meet expectations from regulators, enterprises, and financial institutions.
Chainlink infrastructure already supports a wide range of global financial players, including Swift, UBS, Euroclear, Mastercard, and Fidelity International. That track record positions Chainlink as a bridge between traditional finance systems and on-chain networks, a key objective for the alliance.
Kim SukWhan, Vice President at WEMADE, highlighted the broader impact, saying:
“The partnership is a milestone in achieving technical excellence and international trust.”