Chainlink Labs has joined the Global Alliance for KRW Stablecoin (GAKS), a consortium led by South Korean blockchain firm WEMADE, according to an announcement released on Tuesday, January 27, 2026.
The move brings a major blockchain oracle provider into Korea’s coordinated effort to build regulated, institution-ready Korean won–backed stablecoins aligned with global financial standards.
GAKS was launched in November 2025 to address regulatory clarity, transparency, and operational trust for KRW-denominated stablecoins as scrutiny of fiat-backed digital assets increases worldwide.
Chainlink’s participation strengthens the alliance’s technical foundation, particularly in areas such as data integrity, on-chain verification, and cross-chain operability, capabilities viewed as essential for stablecoins operating within regulated financial environments.
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GAKS builds compliance-focused KRW stablecoin infrastructure
The Global Alliance for KRW Stablecoin is a body formed to oversee specialized companies that deal with compliance, security, payments, and data infrastructure.
The aim of this alliance is to ensure that KRW stablecoins can be easily integrated with other financial systems, rather than being developed in isolated environments.
The framework established by the alliance also recognizes the importance of a transparent issuance process, auditability, and resiliency.
This is similar to the principles established by the South Korean Financial Services Commission (FSC) and the international model being developed for stablecoins and tokenized assets.
Chainlink adds oracle infrastructure and global standards
Chainlink Labs is the company behind the most popular oracle network in the digital asset market. The firm provides a platform that allows blockchains to access real-world data. Its infrastructure is used to power pricing feeds, proof-of-reserve systems, and settlement processes.
Through GAKS, Chainlink will facilitate the establishment of global technical standards for KRW stablecoins, with a focus on dependable and uniform information.
This will ensure the predictable performance of stablecoins in issuance, transfer, and redemption, especially in a regulated environment focused on institutions.
GAKS Strengthens KRW Stablecoin Standards With Chainlink
The addition of Chainlink has enabled GAKS to comprise companies in the fields of blockchain analytics, security auditing, fintech, payment systems, and data delivery.
Some of the existing members of the GAKS alliance are Chainalysis, CertiK, and SentBe, a cross-border payment systems provider. They are working together under a single umbrella for risk monitoring, compliance, technical audits, and transactions.
Industry players see this as a mark of credibility for GAKS, as they are now ready to meet international technical standards while remaining disciplined in Korean regulations. This alliance is for the long-term adoption of KRW stablecoins, not for experimentation.
WEMADE has also stated that they are working with Chainlink, which helps them hasten the standardization of their technology and build trust within the KRW stablecoin network. They have concentrated more on the use cases for the stablecoins and less on regulations.
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