Alchemy Pay Announces New Blockchain for Stablecoin Payments
Alchemy Pay is set to introduce Alchemy Chain, a blockchain tailored for stablecoin transactions. Expected to launch in Q4 2025, this network will streamline the exchange of local and global fiat-backed stablecoins.
The decision aligns with growing regulatory support for stablecoins. The U.S. recently passed the GENIUS Act, providing a legal framework for stablecoins. Similar regulations are emerging in Hong Kong, Japan, and the EU.
Alchemy Chain will act as a central hub for stablecoin exchanges, supporting tokens like EURC and MBRL alongside global stablecoins such as USDT and USDC.It will offer API integrations for businesses and developers, with transaction fees paid in ACH tokens.
Following the launch, Alchemy Pay plans to issue its own stablecoin, expanding its role in the market. The company’s current services are available in 173 countries, accepting over 300 local payment methods. Recent partnerships,including one with Ripple for RLUSD,highlight its commitment to regulated digital finance. Alchemy Pay also integrated BitGo’s USD1 and joined the xStocks Alliance for tokenized stocks. The company has obtained its ninth Money Transmitter License in Arizona, further solidifying its regulatory compliance.
These moves reflect Alchemy Pay’s strategic focus on regulated digital finance, ensuring smooth, compliant transactions across jurisdictions.
