Chainlink Labs has officially joined the Global Alliance for KRW Stablecoin (GAKS), a significant initiative spearheaded by South Korean blockchain and gaming company WEMADE. This partnership aims to enhance the standards and adoption of KRW-backed stablecoins.
Chainlink Partners with GAKS to Advance KRW Stablecoin Standards
The alliance, launched in November 2025, focuses on promoting the widespread use and standardization of stablecoins anchored by the South Korean won (KRW). Its main goal is to ensure that these stablecoins meet both the local regulatory requirements and global technical standards.
Diverse members, including security firms, fintech companies, and blockchain infrastructure developers, constitute GAKS. The addition of Chainlink Labs brings a robust oracle network to the alliance, enhancing its technical capabilities.
Chainlink’s involvement positions the company as a critical player in setting global technical standards for KRW stablecoins. By utilizing its oracle technology, Chainlink connects blockchain networks with real-world data, ensuring that KRW-backed digital assets are transparent, reliable, and compliant.
This collaboration boosts GAKS’s credibility, as Chainlink’s solutions are recognized by major global institutions such as UBS, Mastercard, and Fidelity International, aiming to meet high regulatory and security standards. Overall, GAKS, backed by Chainlink, is well-positioned to encourage the real adoption of KRW stablecoins while maintaining transparency and technical robustness.
Impact on LINK’s Price Following Partnership Announcement
The announcement of Chainlink’s partnership with GAKS has resulted in a modest increase in the price of LINK, which rose over 1% in the past 24 hours, slightly outperforming the broader cryptocurrency market. This uptick reflects a blend of fundamental, technical, and market dynamics.
This strategic partnership directly ties LINK’s utility to the regulated KRW stablecoin sector, reinforcing its role as a critical infrastructure for institutional finance and the tokenization of real assets. By joining GAKS, Chainlink signals to investors that its technology is central to a compliant and rapidly growing market, potentially supporting long-term demand for LINK.
On-chain data reveals significant accumulation by large holders, who are withdrawing LINK from exchanges, thus relieving immediate selling pressure. This trend indicates that informed investors view current levels as a value opportunity, providing a foundation for price stability and potential rebounds.
From a technical perspective, LINK was nearing oversold conditions, with a Relative Strength Index (RSI) briefly dipping to 38.95 and testing the support zone between $11.38 and $11.92.
While overbought conditions typically precede short-term rebounds, as is currently the case, broader market indicators remain cautious, with LINK trading below critical moving averages, including the 200-day simple moving average around $16.056. A more significant reversal would likely require a break above $13.40 (7-day SMA).
In summary, although LINK may experience short-term gains from the partnership with GAKS and technical rebounds, the overall trend remains bearish. Sustained upward momentum would depend on continued institutional adoption, further technical integrations, or positive market developments.
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