WEMADE Launches GAKS for Global KRW Stablecoin Market

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

WEMIX-0.21%

STABLE-7.3399997%

DEFI-4.78%

Source: Coinmarketcap

Updated: Nov 28 2025

Launch of GAKS Initiative: WEMIX, a branch of South Korean gaming firm WEMADE, introduced 'GAKS,' a global initiative for KRW stablecoins, during the PROJECT STABLE ONE event in Seoul, aiming to enhance Korean finance through blockchain technology.
Strategic Partnerships and Market Impact: The initiative involves collaboration with three leading blockchain firms and targets South Korea's $239 billion stablecoin market, potentially improving remittance efficiency and cross-border transactions.
Technological Advancements: WEMIX's Stable One mainnet is designed to exceed existing KRW-stablecoin standards like KRW1 and KRWQ, focusing on technological and regulatory compliance, with integration of Chainalysis for robust regulatory adherence.
Vision for Global Gaming Platform: CEO Shane Kim expressed ambitions for WEMIX Play to evolve into a global gaming platform, leveraging the WEMIX blockchain infrastructure and utility token ecosystem for widespread adoption.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

WEMADE Launches GAKS for Global KRW Stablecoin Market

About the author

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