• The seminar drew key players from major financial institutions and related sectors, building momentum for innovation in financial infrastructure.

• Today’s launch of the “StableNet” testnet, a dedicated mainnet for stablecoins and financial infrastructure, moves the project from concept to technical validation.

• Leveraging new standards such as ERC‑5564 and EIP‑7702, combined with strong security and compliance, Wemade is stepping up its push to lead the stablecoin market.

Wemade Co., Ltd. (CEO Kwanho Park) has followed the successful completion of its “KRW Stablecoin Tech Seminar” on January 29 with the launch of the testnet for “StableNet” today (30th), a purpose‑built mainnet for KRW‑denominated stablecoins and financial infrastructure.

The seminar attracted a significant number of representatives from major financial institutions and related enterprises, underscoring strong industry interest in Wemade’s proposed model for the convergence of financial regulation and blockchain technology. Through the Global Alliance for KRW Stablecoin (GAKS), Wemade has established strategic partnerships with global technology leaders such as CertiK and Chainalysis. Together, the parties moved beyond theoretical discussion to present security architectures and data‑driven risk analytics that can be applied immediately to production‑grade financial systems, earning favorable reviews from participants.

With today’s launch of the StableNet testnet, Wemade has begun translating the technical vision discussed at the seminar into working code. The company plans to use StableNet—a mainnet purpose-built for stablecoins and financial infrastructure—to demonstrate a clear technological edge over existing blockchain platforms.

Unlike general-purpose blockchains, the newly unveiled StableNet is architected specifically for the issuance and operation of stablecoins. By allowing users to pay transaction fees entirely in a non-volatile KRW stablecoin without requiring a separate gas token, the platform simplifies accounting complexity. It also introduces priority authenticated accounts for enterprise partners, maximizing convenience and efficiency for financial businesses that require guaranteed throughput and predictable performance.

StableNet leverages Wemade’s proprietary WBFT consensus algorithm to achieve instant transaction finality within 1 second and throughput of up to 3,000 transactions per second, effectively resolving the slow finality of traditional public blockchains and delivering performance on par with existing financial networks.

A key feature, “Secret Account,” is implemented based on the ERC‑5564 standard. It is designed to keep sensitive corporate and personal transaction data confidential to protect user privacy, while still enabling full auditability when required by regulators. In addition, leveraging EIP‑7702, StableNet supports everyday financial services such as automatic and recurring payments, significantly enhancing real‑world usability for both institutions and end users.

To further bolster financial stability, StableNet incorporates blacklist functionality that allows problematic accounts to be frozen and funds to be recovered, thereby meeting anti‑money laundering (AML) and other regulatory requirements. On top of this, a differentiated four‑layer governance structure is designed to strengthen both decentralization and trust while ensuring full compliance with financial regulations.

Members of the GAKS alliance, including CertiK and Chainalysis, underpin the integrity of StableNet with their best‑in‑class Web3 security audit capabilities and proactive security solutions such as Hexagate. Built in collaboration with top‑tier global partners, StableNet’s security and compliance framework will be validated in practice through this testnet phase, with the goal of meeting the performance and reliability standards demanded by regulated financial institutions.

Shane Kim, Vice President of Wemade, said, “The strong interest from the financial sector in this seminar clearly demonstrates the market’s urgent need for a trustworthy stablecoin infrastructure. Building on the successful event and today’s launch of the StableNet testnet, Wemade intends to take the lead as an on‑chain financial infrastructure provider, from stablecoin issuance to a full spectrum of on‑chain financial services.”