Wemade, a leading South Korean gaming company and the parent of the WEMIX blockchain ecosystem, is intensifying its efforts to establish a Korean Won (KRW) stablecoin, undeterred by previous obstacles. The company is actively forming strategic partnerships to bolster the technical capabilities of its KRW stablecoin infrastructure and drive its global adoption.

Global Alliance for KRW Stablecoin (GAKS)

On November 28, 2025, Wemade announced the formation of the Global Alliance for KRW Stablecoin (GAKS). This alliance includes blockchain powerhouses Chainalysis, CertiK, and SentBe. The aim is to strengthen Wemade's dedicated blockchain mainnet and infrastructure for KRW stablecoins, known as StableNet. The collaboration seeks to prioritize security, regulatory compliance, real-world use, and global scalability.

Kim Seok-hwan, a vice president at Wemade, emphasized that GAKS encompasses the entire stablecoin process, from underlying technology to practical service applications. He affirmed the company's commitment to adhering to global standards and constructing an unparalleled KRW stablecoin infrastructure.

Key Partners and Their Roles

• Chainalysis: As a leader in blockchain compliance, Chainalysis will integrate its Web3 threat detection solution (Hexagate), transaction monitoring solution (Sentinel), and AI-based scam prevention solution (Alterya) into StableNet. James Ang, VP of Chainalysis Asia Pacific, emphasized the importance of compliance, security, and transparency for a durable stablecoin ecosystem.
• CertiK: This Web3 security services provider will oversee security audits for StableNet and provide a block explorer to enhance transparency and reliability. CertiK will also continue providing node validation services to Wemade to improve on-chain monitoring and mainnet technical support. Ronghui Gu, Co-founder and CEO of CertiK, expressed enthusiasm for deepening the collaboration with Wemade to build a secure and globally competitive digital asset infrastructure for Korea.
• SentBe: A leading overseas remittance fintech company, SentBe offers remittance and payment services in 33 currencies across 174 countries. It will work with Wemade to validate a stablecoin-based cross-border remittance infrastructure, leveraging its Singapore Major Payment Institution (MPI) license.

StableNet and "Stable One"

Wemade is developing "Stable One," a dedicated mainnet for the KRW stablecoin, designed to be fully compatible with Ethereum. This compatibility allows services built for other stablecoins to be migrated to Stable One without modification. The platform supports a "native fee" function, enabling transaction fees to be paid directly with the planned stablecoin.

The testnet source code for StableNet was released publicly in October 2025, with the testnet scheduled for release in December. The official launch is targeted for early 2026, following stability verification.

Wemade's Vision and Strategy

Wemade envisions leading the "Globalization of K-Finance" through its KRW stablecoin. The company aims to address user inconvenience and uncertainty through mass adoption, leverage its technical expertise to build a high-performance blockchain, and provide a transparent and reliable infrastructure. Wemade is positioning itself as a platform provider rather than a direct issuer of stablecoins, seeking to build a consortium through partnerships. The company intends to collaborate with Korean enterprises, leveraging their institutional expertise in regulatory compliance and licensing.

Wemade plans to integrate stablecoins into K-content consumption, tourism, and international payments. The company also showcased a live demo of Stable One's functionality, demonstrating the issuance, bridging, burning, and transfer of a prototype stablecoin named 'KRC1'.

Despite past challenges, including the delisting of WEMIX from domestic cryptocurrency exchanges due to hacking incidents, Wemade is determined to overcome these setbacks and establish itself as a leader in the stablecoin market. The company's commitment to security, compliance, and strategic partnerships signals a strong push towards realizing its vision for a successful KRW stablecoin ecosystem.