Wemade taps Chainlink for won stablecoin rails

Wemade has added Chainlink to its Global Alliance for KRW Stablecoins as it builds compliance-focused infrastructure for Korean won-pegged stablecoins amid regulatory uncertainty.

The move expands the alliance’s oracle and data capabilities, with Chainlink set to support data integrity, infrastructure standards and tokenised asset use cases, Wemade said on Tuesday.

“Through close collaboration with Chainlink, we will continue to build a sound KRW stablecoin ecosystem,”

Said Wemade vice president Kim SukWhan.

Chainlink joins existing alliance partners including Chainalysis, CertiK and SentBe, which collectively provide analytics, security auditing and regulated remittance infrastructure.

The Global Alliance for KRW Stablecoins was launched in November 2025 as part of Wemade’s effort to reset its blockchain strategy following operational and regulatory setbacks.

Wemade has said the alliance will support StableNet, a dedicated mainnet for won-backed stablecoins, while deliberately avoiding the role of issuer until South Korea’s regulatory framework is finalised.

The infrastructure-first approach reflects ongoing debate among South Korean policymakers over stablecoin issuance, with authorities divided on whether only banks or also non-bank entities should be permitted to issue won-pegged tokens.

At the time of reporting, Chainlink price was $12.03.