• Official entry into the KRW stablecoin business with the vision of ‘Globalization of K-Finance’

• Introduction of ‘STABLE ONE’, a blockchain mainnet optimized for regulatory compliance, security, and transparency

• Source code to be open-sourced in October, testnet rollout in sequence, full launch targeted for Q1 2026

WEMADE (CEO : Kwan-ho Park) announced its official entry into the KRW stablecoin business at the ‘PROJECT STABLE ONE’ event held today, unveiling its dedicated blockchain mainnet, ‘STABLE ONE’.

At the event, WEMADE declared its vision to lead the ‘Globalization of K-Finance’ as the leading player of KRW stablecoins. The company outlined its blueprint for stablecoin adoption through three key commitments: addressing user inconvenience and uncertainty through KRW stablecoin mass adoption; leveraging technical expertise to build a high-performance blockchain exclusively for stablecoins; and providing a transparent, reliable infrastructure that guarantees stability.

Shane Kim, Vice President of WEMADE, stated: “Just as K-Culture succeeded on global platforms, the Korean won can create a new wave of financial innovation when combined with stablecoins as a breakthrough platform.”

He further highlighted four core innovations expected from KRW stablecoins: ensuring transparency through transaction traceability; increasing administrative efficiency in areas such as government subsidies and tax collection; enhancing financial inclusion for small business owners; and driving innovation in payments and settlements, including low-cost, real-time international remittances.

During the presentation, WEMADE emphasized its blockchain leadership built over seven years and introduced STABLE ONE as next-generation infrastructure.

According to CTO Yong-woon Ahn, “STABLE ONE is designed to compete with leading global stablecoin issuers by ensuring global interoperability, high-performance data processing, and full compliance with regulatory requirements.”

STABLE ONE is distinguished by its dual optimization for both the domestic financial environment and the global market. It is 100% compatible with Ethereum—where most stablecoins circulate—allowing seamless migration of existing services without modification. It also offers ultra-fast processing of more than 3,000 transactions per second, sufficient to handle Korea’s payment volume.

User convenience has been further enhanced with ‘Native Fee’ support, allowing transaction fees to be paid directly in stablecoins. Dedicated transaction lanes for corporate users and APIs tailored to Korea’s financial IT infrastructure ensure stability for enterprise adoption.

WEMADE also showcased a live demo of STABLE ONE’s functionality, demonstrating the issuance, bridging, burning, and transfer of a prototype stablecoin tentatively named ‘KRC1,’ along with a simulated stablecoin payment at a virtual merchant to highlight its practical use.

The STABLE ONE mainnet is currently under internal testing. In October, all source code will be released as an open-source project, excluding add-on financial infrastructure services. The testnet is scheduled to launch in November, with the official mainnet release planned for Q1 2026 after stability verification.