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- The partnership unlocks real-world usability of WEMADE’s digital assets across merchants in South Korea
- NICE I&T also joins the WEMADE-led Global Alliance for KRW Stablecoin (GAKS) alongside other members like Chainalysis and Chainlink
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Kang Se-Hyun, Managing Director of NICE Information & Telecommunication’s Stablecoin Task Force Team, and Shane Kim, VP of WEMADE and CEO of WEMIX, formalize the companies’ strategic partnership to build Web3 payment infrastructure with the signing of a Memorandum of Understanding (MOU).
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SEOUL, South Korea, May 20, 2026 (GLOBE NEWSWIRE) — Leading Korean gaming company WEMADE, parent company of the global blockchain ecosystem WEMIX, announced that it has signed a Memorandum of Understanding (MOU) with NICE Information & Telecommunication, Inc. (NICE I&T), one of the largest providers of integrated payment solutions and financial services in the country, to partner on the research and development of a Web3-traditional finance payment infrastructure.
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The strategic agreement establishes a collaborative foundation for both companies to leverage their expertise in the realms of blockchain technology and payment solutions respectively. Together, WEMADE and NICE I&T will conduct joint research, preparatory implementation, and testing aimed at bridging the Web3 domain with existing traditional financial payment networks — marking the first step in a long-term partnership built on mutual trust.
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The scope of the partnership will cover extensive information sharing on stablecoins and blockchain-based payment technologies. A primary focus of the phased research will include evaluating methods to incorporate blockchain technology within legacy financial systems to accelerate cross-border payments. Specifically, WEMIX, WEMIX’s native coin, and USDC.e, a stablecoin that enables the use of the Ethereum-based stablecoin USDC on the WEMIX 3.0 mainnet, will be integrated into NICE I&T’s established payment networks. As NICE I&T’s footprint spans virtually all merchants in South Korea, this move will unlock real-world usability across almost all stores nationwide. Additionally, the two companies plan to explore the commercial viability and applications of tokenized assets, including Real-World Assets (RWA).
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In tandem with the partnership, NICE I&T will officially join the WEMADE-led Global Alliance for KRW Stablecoin (GAKS). Formed in November 2025 to drive the real-world utility of KRW-backed stablecoins, GAKS consists of industry-leading global blockchain and fintech institutions, including Chainlink, Chainalysis, CertiK, and Sentbe. Within the alliance, NICE I&T will cooperate on joint strategies regarding digital asset regulatory trends, external market shifts, and the successful issuance of the KRW stablecoin.
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Shane Kim, VP of WEMADE and CEO of WEMIX, said: “This partnership represents a shared vision to explore how blockchain technology can seamlessly and naturally interface with the traditional financial environment. Alongside NICE I&T, the undisputed leader in South Korean payment infrastructure, we are committed to delivering meaningful milestones through rigorous research and thorough testing, while establishing an industry-leading stablecoin ecosystem aligned with GAKS’ vision.”
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Kang Se-Hyun, Managing Director leading the Stablecoin Task Force Team at NICE I&T, added: “NICE has continuously explored ways to seamlessly connect digital asset-based payments with the existing financial ecosystem, drawing on the extensive payment infrastructure and stability we have built over the years. Through this partnership, we will rigorously test the real-world potential of Web3 payment technology and commit to building a next-generation payment experience that both users and merchants can rely on.”
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