Chainlink Labs strengthens global acceptance of KRW stablecoins through GAKS membership

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Chainlink Labs has recently joined the Global Alliance for KRW Stablecoin (GAKS), a groundbreaking initiative led by Wemade aimed at significantly expanding the adoption and infrastructure surrounding South Korean Won-backed stablecoins. Through this strategic partnership, the leading provider of blockchain oracles reinforces its commitment to promoting trusted digital currencies in the Asia-Pacific region.

International Standards and Compliance as the Foundation of the Alliance

The GAKS initiative adopts a comprehensive approach to improving the acceptance of KRW stablecoins. The focus is on technical standardization, regulatory compliance, and increasing the reliability of these digital assets—aligned with global financial standards. According to NS3.AI, this robust governance model is expected to significantly boost the confidence of institutional and private investors in this new asset class.

Oracle Infrastructure as a Strategic Catalyst

Chainlink’s expertise in decentralized oracles and institutional blockchain infrastructure will be crucial for developing the next generation of stablecoins in Korea and beyond. Chainlink’s reliable data streams enable KRW stablecoins to be supplied with precise, tamper-proof price information—an essential prerequisite for widespread market acceptance and institutional adoption.

Growth Opportunities for the APAC Region

Chainlink Labs’ involvement highlights the importance of the Asia-Pacific region as an innovation hub for digital financial infrastructure. With support from proven technology partners, the KRW stablecoin initiative is equipped to achieve not only regional acceptance but also to set global standards and inspire other markets.

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