WeMade's Won Stable Coin Stable One, what features did it have?
Sep 21, 2025
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WeMade has officially entered the KRW stable coin business.
WeMade has been leading the blockchain business most actively among domestic and global game companies over the past seven years, building a P2E game and virtual currency 'Wimix' and an ecosystem centered on it. WeMix is in a difficult situation as it has been delisted from the domestic cryptocurrency exchange twice due to hacking problems, but it is a willingness to overcome this and continue its leadership by issuing stable coins, which are drawing attention, especially in the United States.
Through the 'Project Stable One' event held on the 18th, WeMade officially announced its entry into the KRW stable coin business and unveiled the dedicated blockchain Mainnet 'STABLE ONE'. In addition to the disclosure of the vision to take the lead in the globalization of 'K-finance', it presented blueprints such as resolving inconvenience and anxiety through popularization of stablecoins in Korean won, developing high-performance blockchains dedicated to stablecoins based on technology and experience, and providing stable coin infrastructure to ensure transparency and stability.
"Just as K Culture succeeded through a global platform, we can meet an innovative platform where the won is a stable coin and create a new financial Korean Wave," said Kim Seok-hwan, vice president of WeMade. It also emphasized expected effects such as securing transparency through transaction tracking through stable coins, increasing administrative efficiency such as government subsidies and tax collection, and innovation in payment and settlement such as cheap and fast real-time international remittances.
"'Stable One' is a blockchain that ensures global compatibility and high-performance data processing, and complies with regulatory and security requirements to compete with global stablecoin issuers," stressed WeMade Chief Technology Officer Ahn Yong-un. 'Stable One' is 100% compatible with Ethereum, where most existing stablecoins are in circulation, and services created for other stablecoins can be transferred and used without modification. WeMade also emphasized that it has ultra-fast data processing power that processes more than 3,000 transactions per second, sufficiently accommodating the volume of domestic simple payments. In addition, convenience has been increased with the support of 'native fee', which pays transaction fees directly with stable coins scheduled to be issued.
On this day, WeMade demonstrated the principle of operation of 'Stable One' through a technology demonstration. We disclosed the process of issuing, bridging, incinerating, and transmitting stablecoins named 'KRC1', and demonstrated the process of paying at virtual stablecoins payment merchants. It said it is currently conducting internal testing, with all source codes except for additional services such as financial infrastructure connectivity being released as open-source projects in October and plans to release the testnet of the 'Stable One' chain in November. If stability is verified through this, it will be officially released in the first quarter of next year.
This article was translated by Naver AI translator.
