South Korean blockchain gaming company Wemade announced that it had entered into a memorandum of understanding with NICE Information & Telecommunication to jointly develop a Web3 payment infrastructure. The partnership is expected to explore ways to connect blockchain-powered digital asset payments with traditional financial payment systems through research initiatives and proof-of-concept testing.
The agreement outlines plans for both companies to collaborate on blockchain payment technologies and stablecoin-related solutions. As part of the initiative, the firms will exchange information on digital asset payment systems and evaluate the possible use cases of tokenized assets, including real-world assets, commonly referred to as RWAs.
The partnership is primarily aimed at linking blockchain-based payment solutions with existing financial payment networks to accelerate the practical adoption of Web3 technology.
Pilot Testing for Commercialization
Under the collaboration, Wemade’s WEMIX token and the stablecoin USDC.e are expected to be integrated into NICE Information & Telecommunication’s payment infrastructure. Following the integration process, the companies intend to conduct pilot tests to determine whether blockchain-based payment systems can be commercially viable within mainstream financial environments.
The initiative reflects growing industry efforts to merge decentralized finance technologies with established payment ecosystems. By combining blockchain assets with existing financial infrastructure, the companies are seeking to improve payment efficiency while maintaining compatibility with current systems.
The companies also plan to conduct proof-of-concept trials involving WEMIX and USDC.e to evaluate the feasibility of real-world commercial payment applications.
Expansion of KRW Stablecoin Discussions
As part of the agreement, NICE Information & Telecommunication will join GAKS, the Global Alliance for KRW Stablecoin. The organization serves as a global consultative group focused on the development and expansion of Korean won-denominated stablecoins and is led by Wemade.
The inclusion of NICE Information & Telecommunication in the alliance is expected to strengthen discussions surrounding the future of stablecoin infrastructure and digital payment ecosystems tied to the Korean won. Industry observers view the move as part of broader efforts within South Korea’s technology and financial sectors to explore regulated blockchain payment frameworks.
Kang Se-hyun, executive managing director of the stablecoin task force at NICE Information & Telecommunication, explained that the company had consistently examined methods to connect digital asset payment systems with the conventional financial ecosystem. Kang added that the new agreement would allow the companies to verify practical payment use cases for Web3 technology while contributing to the development of a dependable next-generation payment environment.
Meanwhile, Kim Seok-hwan, vice president of Wemade, reportedly stated that the company intended to achieve meaningful outcomes through extensive testing and detailed reviews conducted together with NICE Information & Telecommunication.
The collaboration further highlights increasing interest in stablecoin-driven payment infrastructure and the integration of tokenized assets into mainstream financial services.
