WEMADE Launches Global KRW Stablecoin Alliance to Transform Korean Won Digital Payments
WEMADE has officially announced the formation of the Global Alliance for KRW Stablecoin (GAKS) , a major initiative aimed at building a secure and fully compliant ecosystem for Korean won based stablecoins. The alliance brings together multiple technology, security, and financial partners to strengthen the future of digital payments using the Korean currency across international markets. The project represents a growing shift in Asia toward developing national-currency stablecoins rather than relying exclusively on U.S. dollar-backed alternatives. With South Korea’s financial regulators actively working on policy guidance for digital assets, GAKS is positioned as a platform built specifically to meet both regulatory and market requirements. StableNet to Power KRW Stablecoin Infrastructure At the heart of the alliance is StableNet, a dedicated blockchain network created exclusively to support Korean won pegged stablecoins. Unlike traditional public blockchains, this network is engin...