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Stock impact report

Chainlink Joins Korea's Stablecoin Race as It Ramps Up Digital Won Ambitions — Here's Why It Matters [Yahoo! Finance]

Shinhan Financial Group Co Ltd American Depositary Shares (SHG) 
US:NYSE Investor Relations: shinhangroup.co.kr/en/invest/main.jsp
Company Research Source: Yahoo! Finance
The oracle provider will supply data feeds, cross-chain infrastructure, and compliance tools for regulated stablecoins. South Korea is rapidly emerging as a stablecoin hub as new laws, rising adoption, and major corporate alliances take shape. While much of the global crypto market remains stuck in a low-volatility lull, South Korea is moving in the opposite direction—quietly laying the groundwork for a domestic stablecoin economy. Now, one of crypto's most important infrastructure providers is stepping into the picture. Chainlink Labs, the team behind the Chainlink oracle network, has officially joined the Global Alliance for KRW Stablecoins (GAKS), a consortium led by South Korean gaming and blockchain firm WEMADE. The move signals a deeper push to bring Korean won–backed stablecoins into mainstream finance, payments, and cross-border settlement. Announced on Jan. 27, 2026, Chainlink's entry into GAKS positions the oracle network as a core infrastructure partner in Sout Show less Read more
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