The cryptocurrency ecosystem has hit a new milestone as Chainlink, the leading decentralized oracle network, officially joins the Global Alliance for KRW Stablecoin (GAKS). This collaboration is set to revolutionize the Korean cryptocurrency landscape by introducing enhanced standards for stablecoins backed by the Korean Won (KRW).
What is the Global Alliance for KRW Stablecoin?
Launched in November 2025 by WEMADE, a South Korean blockchain and gaming company, the Global Alliance for KRW Stablecoin (GAKS) aims to standardize and promote local stablecoins aligned with regulatory and global benchmarks. The alliance includes fintech companies, security firms, and blockchain infrastructure developers strategically positioned to scale KRW-backed stablecoins for institutional and retail use cases.
Chainlink’s Expertise Strengthens GAKS
With over 600 million users leveraging the WEMADE ecosystem, GAKS is now equipped with Chainlink’s cutting-edge oracle technology, offering unparalleled interoperability, data integrity, privacy, and compliance frameworks. Chainlink bridges blockchain networks with real-world data, enabling KRW-backed stablecoins to meet the highest levels of transparency and trust for tokenized asset projects and digital finance applications worldwide.
Notably, Chainlink’s participation signals a global acknowledgment of the need for reliable oracles in stablecoin ecosystems. Leveraging its trusted Oracle solutions—already used by industry giants like UBS, Mastercard, and Fidelity International—Chainlink enhances the alliance with deep institutional credibility.
Why This Partnership Matters for South Korea’s Crypto Market
The KRW stablecoin initiative is a crucial step toward institutional adoption, ensuring digital assets align with local regulatory standards. With Chainlink’s support, GAKS is primed to lead real-world KRW stablecoin adoption, transforming the ecosystem with transparent, compliant, and technically robust solutions.
This partnership can also serve as an exemplary model for establishing regulated stablecoin ecosystems globally. It marks a major milestone for the Korean financial landscape and positions Chainlink as a dominant force in the global stablecoin market.
The Impact on LINK Token Price
The announcement has triggered a modest recovery in Chainlink’s native token (LINK), reflecting increased confidence in the project’s long-term potential. On-chain data reveals that whale investors are accumulating LINK by withdrawing it from exchanges, signaling strong buy-side sentiment and reduced potential for short-term selling pressure.
From a technical perspective, LINK’s price recently tested a key support zone of $11.38–$11.92, with RSI approaching oversold conditions. While this suggests potential short-term price recovery, broader bullish momentum would require LINK to break above its 200-day moving average, currently sitting at $16.056.
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Final Thoughts
The strategic partnership between Chainlink and GAKS firmly establishes the Korean stablecoin market as a leader in regulated cryptocurrency adoption. As blockchain technology continues to expand, collaborations like this pave the way for global integration of compliant and trusted digital financial systems. For individuals and institutions, the innovation within GAKS marks a turning point in adopting KRW-backed stablecoins with confidence.
