leading Korean gaming company WEMADE, parent company of the global blockchain ecosystem WEMIX, announced its partnership with blockchain powerhouses Chainalysis, SentBe, and CertiK to form the Global Alliance for Korean Won (KRW) Stablecoin (GAKS). The strategic partnership is set to strengthen the technical capabilities of StableNet, WEMADE's dedicated blockchain mainnet and infrastructure for KRW stablecoins, and drive adoption of the KRW stablecoinworldwide.

South Korea is fast becoming a leading advocate in the stablecoin sector, with rapid advancement in the building of stablecoin infrastructure and regulatory frameworks quickly taking shape. To meet the growing demand, WEMADE seeks to accelerate the development of KRW-backed stablecoin infrastructure that prioritises security, regulatory compliance, real-world use, and global scalability, through its newly-formed alliance of global giants.