WEMIX Aims to Globalize K-Finance with Stablecoin 'K-Pop' Strategy

Generated by AI AgentCoin World
Wednesday, Sep 24, 2025 8:34 am ET2min read
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Aime RobotAime Summary

- WEMIX, a blockchain ecosystem by WEMADE, launched Stable One mainnet to support KRW-pegged stablecoins, aiming to globalize K-finance through blockchain-driven transparency and efficiency.

- The platform offers 3,000 TPS, Ethereum compatibility, and AML tools, with a prototype stablecoin (KRC1) demonstrated for merchant payments.

- CEO Shane Kim compared K-finance’s potential to K-pop’s global rise, advocating government collaboration for a regulatory framework and a "stablecoin bank."

- The roadmap includes open-source code release in October 2025 and mainnet launch in early 2026, leveraging WEMIX’s 7-year blockchain expertise and cross-chain capabilities.

- Analysts highlight regulatory alignment and financial inclusion as key factors, though success depends on navigating South Korea’s evolving legal landscape and securing institutional partnerships.

WEMIX, a blockchain ecosystem developed by gaming giant WEMADE, has announced the launch of its dedicated mainnet, Stable One, designed to support a Korean won (KRW)-pegged stablecoin. The platform, unveiled at the PROJECT STABLE ONE event in Seoul on September 18, 2025, aims to drive the "globalization of K-finance" by leveraging blockchain technology to enhance transparency, compliance, and financial efficiency. The initiative marks WEMIX’s entry into the stablecoin market, targeting mass adoption of KRW-backed digital assets to address inefficiencies in traditional payment systemsWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]WEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2]Wemade Enters Korean Won Stablecoin Market: [3].

Stable One is engineered to compete globally, offering EthereumETH-- compatibility, enabling seamless integration with existing stablecoin servicesWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]. The blockchain supports over 3,000 transactions per second (TPS), a critical feature for handling high-volume payment systemsWEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2]. Key innovations include a "native fee" mechanism, allowing users to pay transaction costs directly in the stablecoin, and dedicated APIs optimized for Korea’s financial infrastructureWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]. The platform also incorporates anti-money laundering (AML) tools, real-time transaction monitoring, and emergency suspension features to meet regulatory requirementsWemade Enters Korean Won Stablecoin Market: [3]. During a live demo, WEMIX showcased the issuance, bridging, and transfer of a prototype stablecoin named KRC1, simulating its use in merchant paymentsWEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2].

CEO Shane Kim emphasized the strategic parallels between K-pop’s global rise and the potential of KRW-pegged stablecoins to drive financial innovation. He stated, “Just as K-culture achieved global influence through platforms like YouTube and Netflix, K-finance can establish worldwide relevance through stablecoins and blockchain”WEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2]. The company aims to foster collaboration with partners to form a consortium, avoiding direct competition with traditional financial institutions while focusing on technological infrastructureWemade Enters Korean Won Stablecoin Market: [3]. Kim also called for government involvement in building a regulatory framework for the stablecoin ecosystem, including the establishment of a "stablecoin bank" to address user concernsWemade Enters Korean Won Stablecoin Market: [3].

The roadmap for Stable One includes an open-source release of its codebase in October 2025, followed by a testnet launch in November. The mainnet is scheduled for early 2026 after stability verificationWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]WEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2]. CTO Yong-woon Ahn highlighted the platform’s high-performance data processing and regulatory alignment as critical differentiatorsWEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision[2]. WEMIX’s seven years of blockchain development experience, including its WEMIX3.0 Layer-1 mainnet, underpin the project’s technical foundationWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]. The platform’s Ethereum compatibility and support for cross-chain transactions position it to integrate with global DeFi ecosystemsWemade Enters Korean Won Stablecoin Market: [3].

Analysts note that WEMIX’s entry aligns with broader trends in stablecoin adoption, particularly in emerging markets where fiat-backed tokens mitigate inflation and capital controlsWhy Stablecoins Are Gaining Momentum Right Now—Regulatory Tailwinds Included[4]. South Korea’s regulatory environment, including the proposed Digital Asset Basic Act, provides a legal framework for KRW-pegged stablecoins, though challenges remain in balancing monetary sovereignty and market innovationStablecoin Regulation Around The World: 2025 Overview[5]. WEMIX’s focus on transparency and compliance could address institutional hesitancy, while its emphasis on financial inclusion—such as streamlined government subsidies and tax collection—resonates with policymakersWEMIX Unveils “Stable One” Mainnet for Korean Won-Pegged Stablecoin[1]. The project’s success will depend on its ability to navigate regulatory scrutiny and secure partnerships with financial institutions to expand adoptionWemade Enters Korean Won Stablecoin Market: [3].

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