Alchemy Pay, a renowned fiat-to-crypto payment platform, has partnered with Qubic, an efficient L1 blockchain that uses AI for Bitcoin-style mining. The partnership includes the integration of $QUBIC, the native token of Qubic, into the worldwide fiat on-ramp of Alchemy Pay. As per Alchemy Pay’s official press release, the move permits users spread in 173 jurisdictions to buy $QUBIC via fiat currencies by using famous payment methods. Hence, the development streamlines the buying procedure by eliminating barriers discouraging newcomers from leveraging blockchain networks.
We're excited to support @_Qubic_'s $QUBIC on #AlchemyPay's global fiat on-ramp, enabling users across 173 countries and regions to purchase $QUBIC directly with their preferred payment methods.
Expanding access to the AI-native Layer 1 powering decentralized computing ⚡🧠… pic.twitter.com/vFCmyqZNgw
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 23, 2026 Alchemy Pay Streamlines $QUBIC Fiat Buyouts with On-Ramp Support The integration of Qubic’s $QUBIC token into Alchemy Pay’s on-ramp reflects the rising demand for streamlined fiat-to-crypto payment options amid the growing traction of AI-driven blockchain ecosystems. Additionally, the initiative lets consumers buy $QUBIC by using their familiar payment solutions, such as Google Pay, Apple Pay, Mastercard, Visa, local bank transactions, and mobile wallets.
With the established payment framework of Alchemy Pay, consumers can enter the Qubic network without depending on extended onboarding processes or complicated crypto exchanges. The respective approach is anticipated to enhance accessibility for retail consumers and those dealing with decentralized AI apps for the first time. Additionally, Qubic’s AI-native L1 chain merges high-speed transfer processing with robust decentralized computing. It leverages the Useful Proof of Work (UPoW) consensus mechanism with the use of computational power for the training of artificial neural ecosystems rather than performing traditional mining calculations.
Apart from that, in April 2022, Qubic hit a top throughput of 15.5M transfers per second, as the security platform CertiK verified. Parallel to the feeless transfer mechanism and rapid finality, the platform is also known for decentralized AI-led applications and effective smart contracts. Additionally, Alchemy Pay deems this integration a crucial step to broaden its portfolio, which contains compatible digital assets, while reaffirming the role it plays in connecting the crypto sector and conventional finance.
Driving Growth of AI-Driven Blockchain Innovation According to Alchemy Pay, the payment gateway delivers fiat access across more than 300 payment mechanisms. At the same time, its worldwide operations get support from a widening regulatory license portfolio. Particularly, $QUBIC’s inclusion signifies the growing convergence of blockchain and AI technologies. Overall, with this endeavor, Alchemy Pay attempts to assist in decreasing entry barriers as well as backing wider participation in the decentralized commuting network of Qubic.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Alchemy Pay, a renowned cryptocurrency-fiat payment gateway, is excited to expand its localized On-Ramp service in Bangladesh. This latest network expansion interconnects with four of the country’s most prominent mobile financial services- bKash, Nagad, Rocket, and Upay.
The primary purpose is to seamlessly purchase cryptocurrencies using local mobile payment services and the Bangladeshi Taka (BDT). Alchemy Pay reaches its accessibility in South Asia, selecting one of the region’s most mature digital wallet ecosystems. These local mobile wallets form the foundation of Bangladesh’s financial infrastructure. Alchemy Pay has shared this news on its official X account.
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 9, 2026 Alchemy Pay Simplifies Crypto Purchases with Bangladesh Payment Integration The expansion of crypto purchases makes them more accessible for users in Bangladesh, it leverages widely used mobile financial services for seamless payments and reduces hurdles to entering the digital asset ecosystem. A crypto on-ramp is a payment gateway that permits users to convert fiat currency (such as BDT) into cryptocurrencies.
bKash supports 50+ million registered users, serving as the basic digital hub for daily payments in Bangladesh. Nagad, positioned as the fast-growing second major player in the market, brings tens of millions of registered users and strong growth momentum in merchant and retail transactions.
Alchemy Pay’s expansion infrastructure plays a vital role in the development of the payment pathway. It also enables exchanges, wallets, decentralized applications, and Web3 services to onboard users perfectly, along with minimizing payment hurdles. Alchemy Pay has been well-known for its latest and most effective services for many years.
Building a Seamless Gateway Between Traditional Finance and Crypto Alchemy Pay resumes sorting out the complicated access process between fiat and crypto economies, helping to connect everyday users to the expanding worldwide digital asset ecosystem. It is the best opportunity for the people of Bangladesh in terms of improving their payment infrastructure.
Furthermore, Alchemy Pay has received approval from major payment networks Visa and Mastercard, officially becoming an authentic service provider and joining the Mastercard Crypto Partner Program. The company has built long-range local payment coverage in markets such as Indonesia, the Philippines, Thailand, Malaysia, Brazil, Mexico, and Argentina, aiding localized fiat access tailored to regional payment habits.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Alchemy Pay has expanded its On Ramp service—which enables users to purchase cryptocurrencies with fiat—to Bangladesh. The company has integrated the country’s four largest mobile financial services platforms, paving the way for users to buy crypto assets directly using local digital payment methods.
Leading local payment platforms join Alchemy PayThe new integration enables payments through bKash, Nagad, Rocket, and Upay. Widely used for everyday transactions, these platforms allow users in Bangladesh to access digital assets without the need for international payment methods or traditional bank transfers.
Alchemy Pay emphasized that the move is designed to lower barriers in the payment process and make crypto services more accessible by leveraging local wallets that are already familiar to Bangladeshi users.
Rather than changing local payment habits, the company underlined that its expansion in Bangladesh connects established and trusted mobile wallet infrastructures with crypto purchasing options.
Within Bangladesh’s digital payments ecosystem, bKash stands out with over 50 million registered users. Nagad is one of the fastest-growing platforms, Rocket offers bank-backed mobile finance services, and Upay has significantly extended its coverage in both urban and semi-urban areas.
PlatformKey featurebKashOver 50 million registered usersNagadRapidly growing payment platformRocketBank-backed mobile finance serviceUpayExpanding network in urban and semi-urban areasPart of a broader South Asia expansion strategyThis move furthers Alchemy Pay’s reach in South Asia, enabling direct connections to Bangladesh’s dominant mobile payment networks on behalf of cryptocurrency exchanges, wallets, decentralized applications, and Web3 platforms operating in the region.
Positioned as a payment bridge between fiat currencies and crypto, Alchemy Pay focuses especially on markets with limited access to traditional banking or high adoption of mobile wallets.
Mini glossary: “On Ramp” refers to a payment gateway infrastructure that allows users to buy crypto assets with their local currency. “Web3 platforms” are internet services operating on blockchain technology, supporting wallet connections and digital asset transactions.
Strengthening focus on emerging marketsThe company stated that its move into Bangladesh aligns closely with its growth strategy focused on emerging markets. Previously, Alchemy Pay expanded local payment coverage in Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, and the Philippines.
According to the company, Bangladesh’s strong mobile money adoption provides ready-made infrastructure for firms that offer crypto acquisition services, making it easy for users to join the system through familiar payment habits.
Bangladesh is considered one of the most robust mobile money markets in South Asia. Digital wallets are widely used for remittances, bill payments, and retail transactions throughout the country. This structure gives an edge to platforms aiming to reach those with limited access to conventional banking services.
Recently, Alchemy Pay has obtained various regulatory approvals and registrations in jurisdictions including the US, Canada, Indonesia, South Korea, Lithuania, and Hong Kong. The company also acts as an authorized service provider for Visa and participates in the Mastercard Crypto Partner Program.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
ACH: Alchemy Pay Integrates $TAO on Its On-Ramp Solution, Empowering Bittensor's Ecosystem with Seamless Access to the Native Token for Decentralized AI
Alchemy Pay, a well-known payment gateway connecting crypto and fiat currencies, has recently achieved another regulatory milestone. In this respect, Alchemy Pay has officially received a Money Transmitter License from the Department of Financial and Professional Regulation of the U.S. state of Illinois. As Alchemy Pay revealed in its official press release, the development grows its coverage, letting it process crypto-to-fiat and fiat-to-crypto transfers for the consumers in the respective state. Hence, this regulatory approval increases Alchemy Pay’s cumulative MTL coverage to 18 U.S. states.
🔥#AlchemyPay has secured a Money Transmitter License (MTL) in the State of Illinois, enhancing Alchemy Pay’s ability to facilitate compliant fiat-to-crypto and crypto-to-fiat transactions, expand its payment services, and strengthen its market presence across the United States.… pic.twitter.com/3hbqhSl4pw
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 24, 2026 Alchemy Pay Gets Money Transmitter License Authorization for Regulated Virtual Currency Services Getting the Illinois Money Transmitter License (MTL) authorization enables money transmission, virtual currency-related services, and electronic funds transactions for Alchemy Pay. Additionally, the partners and users can verify the platform’s new license through the Nationwide Multistate Licensing System Consumer Access portal. The development minimizes barriers that the traders, fintech apps, and merchants face. At the same time, the move also aligns the firm with stringent compliance benchmarks in the U.S. for stablecoins and digital assets.
Keeping this in view, Alchemy Pay is paying significant attention to regulatory clarity while expanding its services across notable markets. So, this license approval backs the platform’s wider strategy beyond simple payments. Additionally, the firm referred to the plans of issuing regulated stablecoin products in the future. It is also advancing its cutting-edge Alchemy Chain for this purpose.
Particularly, Alchemy Chain aims to connect conventional payment rails, financial institutions, and stablecoin in an inclusive compliant ecosystem. The integration of compliance into the infrastructure allows the project to establish a scalable settlement framework for merchants and enterprises. The target is to use stablecoins as worldwide settlement rails while also complying with oversight and licensing requirements.
Expanding Compliance Wins to Strengthen Regulated Services Worldwide While reflecting on the development, Alchemy Pay’s CMO, Ailona Tsik, mentioned that this regulatory landmark is crucial for the company and financial innovation. Previously, Alchemy Pay has obtained Electronic Financial Business registration and Digital Currency Exchange Provider registration in South Africa and Australia. The current achievement further expands the platform’s compliance wins. Ultimately, the development underscores Alchemy Pay’s commitment to broadening regulated footprint with a state-by-state approach.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Alchemy Pay, a well-known platform bridging crypto and fiat payments, has announced its latest integration with BORA. The integration of Alchemy Pay into BORA focuses on redefining the gaming experience with seamless off and on-ramp crypto transfers. In this respect, the resilient payment infrastructure of Alchemy Pay complements BORA to streamline crypto transfers for consumers.
The partnership ensures efficient withdrawals and deposits into accounts with the convenient use of mobile wallets and popular payment methods. Moreover, this endeavor offers an unparalleled integration between the digital and traditional economies to simplify the gaming experience.
Advancing GameFi with Seamless Cryptocurrency Transactions Alchemy Pay pointed out that its integration with BORA is an important move to boost the gaming experience with inclusive crypto transfers. BORA operates as a top entity in the blockchain gaming sector. It enables gamers to reach a broad range of opportunities regarding decentralized earning and gaming via GameFi.
As a part of this collaboration, BORA leverages the effective infrastructure of Alchemy Pay to provide consumers with simplified crypto transfers. It lets them smoothly deposit as well as redeem funds from their accounts with native mobile wallets along with well-known payment means.
Alchemy Pay Bridges Crypto and Fiat for Gamers Globally Alchemy Pay delivers its advanced solutions to fill the gap between crypto and fiat economies. In this way, it enhances the accessibility of digital assets to the common masses. The platform offers a user-friendly and reliable transfer gateway. Its comprehensive network guarantees benefits for gamers in different regions with cost-efficient, secure, and rapid transfers.
According to Alchemy Pay, the partnership with BORA highlights a significant development to increase crypto payment accessibility in the gaming sector. Hence, both Alchemy Pay and BORA work together to set the latest standards for the combination of conventional and digital financial ecosystems within the gaming realm.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Alchemy Pay, the leading fiat-crypto payment gateway, has entered a transformative partnership with Telos. It is Layer 0 network redefining the industry with its groundbreaking Zero Knowledge technology. They will launch a fiat on-ramp for the direct purchase of $TLOS. The collaboration will significantly simplify the direct procurement process for millions of users.
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) May 10, 2024 Telos Expands Payment Options with Alchemy Pay Integration for $TLOS The integration of the Alchemy Pay solution On-Ramp within Telos’s platform further simplifies the purchasing process for users. Users can now easily purchase $TLOS through Telos’s website’s lane “Buy Telos,” which has been expanded to include an Alchemy Pay ramp page. The payment can be made via a variety of payment methods, including Visa, Mastercard, popular mobile wallets, and domestic bank transfers. Additionally, this integration enables full regulatory compliance by providing users in 173 countries facilitating over 50 fiat currencies access to $TLOS.
This partnership between Alchemy Pay and Telos will undoubtedly become more positive in terms of user experience. Telos, a next-generation Delegated Proof of Stake DPOS Layer-1 blockchain network, will benefit extensively from the partnership due to the worldwide reach and influence of Alchemy Pay.
As a result, Telos will utilize solutions from Alchemy Pay to improve blockchain access to users worldwide, leading to faster adoption and use of the network. Telos possesses an unrivaled degree of compatibility for developers, offering a variety of tools and complete development onboarding to develop and deploy smart contracts on Telos EVM. Moreover, Telos has strong and durable governance features and a lively community; thus, $TLOS the digital currency was launched using a fair and decentralized distribution.
Alchemy Pay’s Global Presence Revolutionizes Cryptocurrency-Fiat Integration Besides that, Alchemy Pay specializes in providing the solutions that help integrate cryptocurrency and fiat payments to make it for an average person. Thus, it has a global footprint across 173 countries and over 300 payment channels, allowing Alchemy Pay’s checkout options to go beyond credit cards and support local mobile wallets and bank transfers.
Additionally, partnerships with Visa and Mastercard speak for the well-established operations in the traditional payment space. Ultimately, the extensive licensing outlines Alchemy’s commitment to regulation with licenses across the UK, the US, Canada, Indonesia, Lithuania, and a new MTL license in New Hampshire USA.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Scallop dApp is excited to announce a new integration with Alchemy Pay. Alchemy Pay is a leading Fiat-Crypto gateway solution. This news was announced on Official X account of Scallop dAapp. Through this integration, users of Scallop can purchase $SCA and other tokens using their credit cards.
New Alchemy Pay Integration Enhances User Experience on Scallop DApp Scallop dApp is a leading money market in the Sui Network. With this integration, the Web2 users can easily migrate into the crypto space. They can utilize their credit cards to purchase $SCA and other supported tokens. This makes the process easier and friendly for the users to accomplish.
As a result of the integration, the Scallop users no longer have to depend on complex procedures. They are not required to buy tokens through a third party, but rather buy tokens of the app. This is a very important progress towards the improvement of the on boarding process for new users.
Furthermore, the integration is supposed to close the gap between traditional financial systems and cryptocurrencies. Scallop uses the technology of Alchemy Pay to make it easier for Web2 users to enter the crypto space.
Alchemy Pay Integration Expands Payment Options for Scallop DApp Users Alchemy Pay accepts multiple payment options to facilitate the success of online transactions. This comprises of credit and debit cards, and local payment methods. As a result, users from different areas will be able to enhance the experience. It also helps to consolidate Scallop’s position as a premier decentralized application.
Overall, this partnership represents a significant step for Scallop DApp towards its development. It adds a new dimension to users and enriches their experience on the platform. With this development, Scallop is now leading the decentralized finance space to create a new paradigm.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Scallop, an advanced money market protocol on Sui blockchain, has announced the integration of Alchemy Pay’s On & Off-Ramp solution. This move simplifies the process for Scallop users to buy and sell cryptocurrencies, offering seamless access to digital assets. This can be done through diverse payment methods, including credit cards, mobile wallets, and bank transfers.
Scallop and Alchemy Pay Unite to Enhance Global Crypto Accessibility With support spanning 170+ countries, Scallop users can now leverage Alchemy Pay’s global payment infrastructure to easily acquire cryptocurrencies, including Scallop’s native token, $SCA. The token is now listed on Alchemy Pay’s platform, allowing users to directly purchase it for engaging with Scallop’s DeFi ecosystem.
Scallop, a trailblazer in the Sui ecosystem, has set itself apart as the first DeFi protocol to receive a grant from the Sui Foundation. The platform provides an all-in-one DeFi experience with services like lending and borrowing, flash loans, and bridging tools. By integrating Alchemy Pay’s payment gateway, Scallop further enhances user access and engagement across its ecosystem.
The company’s recent acquisition of four Money Transmitter Licenses in the U.S. underscores its commitment to regulatory compliance and secure operations. As an officially authorized payment service provider listed by Visa and Mastercard, Alchemy Pay continues to solidify its reputation as a trusted platform for bridging fiat and crypto economies.
A Synergistic Partnership The partnership between Scallop and Alchemy Pay demonstrates a shared vision of simplifying and expanding access to decentralized finance. By offering streamlined payment solutions and supporting $SCA token integration, the collaboration aims to attract a broader user base to Scallop’s protocol while fostering the growth of the Sui ecosystem.
With this integration, Scallop users gain an enhanced, user-friendly experience, paving the way for greater adoption of DeFi services globally.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
XDB CHAIN (XDB) announces a strategic partnership with Alchemy Pay, a fiat-to-crypto payment gateway. The collaboration advances XDB CHAIN’s roadmap as a blockchain for branded real-world asset (RWA) adoption and introduces its first dedicated fiat on-ramp supporting eligible users in the United States, where permitted, while expanding access worldwide.
XDB CHAIN and its native coin XDB are built to support the tokenization and use of branded and payment tokens, NFTs and other utility assets for Web3 payments and brand-led ecosystems. Alchemy Pay complements this with on- and off-ramp infrastructure across more than 50 fiat rails and multiple jurisdictions, aligning an RWA-oriented chain with a compliant fiat gateway. Alchemy Pay also provides product infrastructure including crypto payment cards, NFT checkout solutions, and crypto payment processing used by thousands of merchants around the world.
XDB is already accessible through Alchemy Pay’s website, enabling users to acquire XDB on XDB CHAIN via fiat currencies. Additional on-ramp entry points will be embedded into dApps and websites connected to the XDB CHAIN ecosystem using API integration.
From launch, eligible users in the United States and abroad will be able to purchase and access XDB through familiar fiat payment methods and participate in decentralized applications built on XDB CHAIN.
The partnership also sets a roadmap for phased support of additional XDB CHAIN ecosystem tokens, including CBPAY (web3 reward ecosystem), BEEFI (the GameFi ecosystem token) and HONEY (the token of XDBees).
About XDB CHAIN
XDB CHAIN is a user-friendly, open-source blockchain platform purpose-built to enable real-world asset (RWA) adoption for brands and consumers. It powers digital assets such as branded coins, NFTs, and payment tokens, providing the technological and economic rails for branded-token economies and Web3 native interactions.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.
Regulatory and Risk Notice
Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy any security, nor any financial, legal, or tax advice. References to XDB, CBPAY, BEEFI, HONEY or any other digital asset are for informational purposes only. Availability of any digital asset may be limited or restricted in certain jurisdictions, including specific U.S. states. Users should conduct their own due diligence and consult their own professional advisers before acquiring or using any digital asset
XDB CHAIN (XDB) announces a strategic partnership with Alchemy Pay, a fiat-to-crypto payment gateway. The collaboration advances XDB CHAIN’s roadmap as a blockchain for branded real-world asset (RWA) adoption and introduces its first dedicated fiat on-ramp supporting eligible users in the United States, where permitted, while expanding access worldwide.
XDB CHAIN and its native coin XDB are built to support the tokenization and use of branded and payment tokens, NFTs and other utility assets for Web3 payments and brand-led ecosystems. Alchemy Pay complements this with on- and off-ramp infrastructure across more than 50 fiat rails and multiple jurisdictions, aligning an RWA-oriented chain with a compliant fiat gateway. Alchemy Pay also provides product infrastructure including crypto payment cards, NFT checkout solutions, and crypto payment processing used by thousands of merchants around the world.
XDB is already accessible through Alchemy Pay’s website, enabling users to acquire XDB on XDB CHAIN via fiat currencies. Additional on-ramp entry points will be embedded into dApps and websites connected to the XDB CHAIN ecosystem using API integration.
From launch, eligible users in the United States and abroad will be able to purchase and access XDB through familiar fiat payment methods and participate in decentralized applications built on XDB CHAIN.
The partnership also sets a roadmap for phased support of additional XDB CHAIN ecosystem tokens, including CBPAY (web3 reward ecosystem), BEEFI (the GameFi ecosystem token) and HONEY (the token of XDBees).
About XDB CHAIN
XDB CHAIN is a user-friendly, open-source blockchain platform purpose-built to enable real-world asset (RWA) adoption for brands and consumers. It powers digital assets such as branded coins, NFTs, and payment tokens, providing the technological and economic rails for branded-token economies and Web3 native interactions.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.
Regulatory and Risk Notice
Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy any security, nor any financial, legal, or tax advice. References to XDB, CBPAY, BEEFI, HONEY or any other digital asset are for informational purposes only. Availability of any digital asset may be limited or restricted in certain jurisdictions, including specific U.S. states. Users should conduct their own due diligence and consult their own professional advisers before acquiring or using any digital asset
Alchemy Pay, the fiat-to-crypto payments gateway, announced on Wednesday that it has entered a partnership with XDB CHAIN to give eligible users in the United States and customers in jurisdictions worldwide, where permitted, direct fiat access into the XDB CHAIN ecosystem. The tie-up allows people to buy XDB and other XDB-native tokens using U.S. dollars and a wide range of local fiat currencies, with payment options that include Visa and Mastercard, popular mobile wallets and domestic bank transfers.
According to the companies, the integration makes XDB available through Alchemy Pay’s existing on-ramp infrastructure and extends that reach to 173 countries, lowering the technical and regulatory friction for newcomers to Web3. The firms say the goal is to provide a compliant, familiar entry point for users who want to participate in branded token experiences, loyalty programs and other consumer-facing blockchain use cases built on XDB CHAIN.
For XDB CHAIN, a Layer-1 platform pitched as a blockchain optimized for brands and real-world asset (RWA) use cases, the partnership is positioned as a practical bridge to U.S. customers and broader global audiences without forcing brands or end users to become crypto experts. XDB CHAIN supports branded coins, NFTs and tokenized consumer experiences, and the Alchemy Pay integration aims to make those assets more spendable and discoverable through conventional payment rails.
Brands Get an Easier Path to Web3 Brands building on XDB CHAIN should see a more straightforward path to onboarding U.S. consumers, the companies said, enabling use cases such as blockchain-powered loyalty programs, tokenized payments and community engagement that rely on accessible fiat on-ramps. By embedding Alchemy Pay’s API into dApps, wallets and merchant sites connected to the XDB ecosystem, projects can accept card and local payment methods while keeping the user experience familiar to mainstream customers.
Looking forward, both teams said they will continue refining the integration, improving user interfaces, smoothing payment flows and expanding regional payment coverage to further streamline how people and brands enter the XDB CHAIN ecosystem. The announcement frames the partnership as an example of connecting a mature payments infrastructure with a blockchain network focused on practical, consumer-facing utility.
The move comes as a lot of projects are trying to make tokenized assets and branded currencies simple enough for everyday people to actually buy and spend, not just trade for speculation. For XDB CHAIN, adding Alchemy Pay’s on-ramp is a practical, user-friendly step toward that goal, making branded tokens and real-world asset use cases easier for both consumers and brands to adopt.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Pundi X, a leading blockchain technology company, has announced a major update to its decentralized payment platform. The company will integrate Alchemy Pay’s on-ramp and off-ramp services to streamline cryptocurrency transactions for merchants. This update is set to launch in Q1 2025, providing a more seamless experience for businesses and customers alike. This news was shared though Pundi X official X account.
Pundi X to Enhance XPOS with Alchemy Pay’s Fiat-Crypto Integration By doing so, Pundi X’s self-custodial payment solution merchants will be able to transact in both fiat and digital assets. Pundi X’s XPOS will incorporate these conversions and execute them without compromising the decentralized and seamless qualities of Alchemy Pay. This integration makes works easier for companies to adopt cryptocurrency into their operations.
The new service will require merchants who intend to use the service to sign up with Alchemy Pay. Once registered they shall be connected to the global network of converting fiat currency into cryptocurrency. What this means is that businesses will be able to integrate crypto payments and then convert such payments into the local fiat currency. The integration makes it possible for merchants to transact in the digital economy hence unleashing other payment methods for their customers.
Furthermore, it has implications on the on-ramp and off-ramp services available for users of the system. Fiat payment will be accepted by the merchants, and then, through the integration of Alchemy Pay, can be converted into cryptocurrency. Likewise, they will be ready to transmute cryptocurrency into the native currency, which will make the payments easy. This feature will help companies to manage their payment flows better and improve their performance in a global context.
Pundi X and Alchemy Pay Collaborate to Simplify Crypto Adoption for Businesses According to Zac Cheah, the CEO at Pundi X, the integration is a way of achieving the company’s goals on financial literacy. He said that through Alchemy Pay, merchants will be able to integrate cryptocurrencies and that this will give them a genuine worldwide payment solution.
On the other hand, Robert McCracken, the Ecosystem Lead at Alchemy Pay, said that the partnership enables the company to ease the transition between fiat and crypto. Altogether, they are providing an effective instrument to the company that is ready to start its journey in the digital economy.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
aelf blockchain has partnered with Alchemy Pay to offer users zero fees for on-ramping $ELF tokens. This exciting news was shared on aelf’s X account. The idea of the partnership is to allow users to purchase $ELF with fiat currency without the intervention of any other fees.
This offer is valid only till the 31st of December in the year 2024. During this period, users can benefit from zero ramp fees and buy $ELF tokens with exceptional ease. It is one of the branded holiday promotions that aelf has launched to mark the festive season which they refer to as Christmas2024.
aelf has previously been recognized for its capabilities in integrating AI and blockchain to define the course of Web3. That is why, with this partnership, aelf just keeps on growing its user base by cutting through the cost aspect.
aelf Partners with Alchemy Pay to Expand Access to the aelf Ecosystem Through its Ramp Solution, Alchemy Pay, the company behind $ACH token, provides this link between the fiat and Crypto economies. This means that users can easily exchange their fiat into cryptos and be part of the growing blockchain space.
As the festive season unfolds, aelf’s latest partnership is a perfect addition to it. This should be a very attractive offer to anyone who wants to be a part of the aelf community since users can now purchase $ELF without additional fees.
Lastly, the partnership between aelf and Alchemy Pay is a perfect example of how the blockchain industry is gradually transforming from having mere corporate mergers towards more user-oriented services and an open-society approach. As the holiday spirit is around the corner, this presents a perfect chance for users to experience the aelf ecosystem and contribute towards the development of Web3 without paying any ramp fees.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Alchemy Pay, a renowned cryptocurrency-fiat payment gateway, is pleased to announce its strategic partnership with Coinbase, a prominent U.S.-based cryptocurrency exchange for buying, selling, and storing digital assets. The main mission behind this collaboration is to increase access to $USDC (US-pegged stablecoin issued by Circle) by providing low-cost fiat-to-crypto mainstream adoption for global users. Alchemy Pay has released this news through its official social media X account.
🌟 #AlchemyPay and @coinbase are expanding access to USDC! Score ZERO ramp fees on USDC buys through @coinexcom! Unlock seamless fiat-to-crypto bridges today—dive in now and supercharge your portfolio without the extra costs. Rally your crew and join today—the bridge is open!… pic.twitter.com/EeTQO3n9X1
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) January 7, 2026 Alchemy Pay and Coinbase to Accelerate $USDC Adoption Worldwide Alchemy Pay is widely known for its best fiat-to-crypto and crypto-to-fiat payment gateway. The partnership between Alchemy Pay and Coinbase plays a crucial role in the global adoption of $USDC. The best thing is that both platforms are giving a unique opportunity to get access to $USDC with zero ramp fees offered by CoinEx.
Alchemy Pay and Coinbase offer users to get the $USDC via CoinEx with zero ramp fees. This golden opportunity has a limited time frame from 5th Jan 2026- 4th Feb 2026. So, this is the best chance to grab the opportunity and take advantage of it. Now, $USDC is widely accepted for its usage in trading, decentralized finance (DeFi), payments, and on-chain savings and remittances.
Strengthen the Web3–TradFi Bridge for Cheaper Payments Due to this synergy, both fintech firms would be able to catch the attention of users in a huge number, because it is the psyche of the human mind always attracted toward the benefits that are cheaper and easily accessible. On the other hand, Alchemy Pay provides a strong bridge between traditional finance (TradFi) and Web3.
The alliance of Alchemy Pay and Coinbase is much more than an ordinary partnership; rather, it is a miracle in this material world where people think about their benefits without taking care of others. In addition, it is a chance to strengthen the portfolio status without extra costs and supercharge it fully.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
TLDR: Alchemy Pay and HTF Securities secured an SFC Type 1 license upgrade covering virtual asset dealing services in Hong Kong. The SFC Type 1 and Type 4 license upgrades are complete, while the Type 9 asset management upgrade remains in progress. Alchemy Pay plans to launch its own stablecoin and develop the Alchemy Chain stablecoin-based ecosystem in Hong Kong. Alchemy Pay holds over 15 active licenses globally, spanning the US, Australia, South Korea, Europe, and Southeast Asia. Alchemy Pay and HTF Securities Limited have completed a major regulatory milestone in Hong Kong. The Hong Kong Securities and Futures Commission approved an upgrade of HTF Securities’ Type 1 license.
The extension now covers virtual asset dealing services for both professional and retail investors. This follows a previously completed Type 4 license upgrade. The Type 9 license upgrade is still in progress.
HTF Securities Advances Its Full-Spectrum Licensing Portfolio The SFC Type 1 license covers dealing in securities within Hong Kong’s regulated financial market. Its upgrade adds virtual asset dealing to HTF Securities’ approved scope of services.
HTF Securities Limited, with Central Entity No. BNO909, operates under direct SFC regulation. Alchemy Pay made a strategic investment in the firm to advance its Hong Kong presence.
The SFC’s Type 1, 4, and 9 licenses form a core trio for comprehensive financial services. They cover securities trading, investment advisory, and asset management activities respectively.
Together, they represent one of the broadest regulatory permission sets available in Hong Kong. The SFC also allows holders of these licenses to apply for virtual asset business extensions.
Alchemy Pay confirmed the progress of its licensing efforts following the announcement, stating: “We have completed the Type 1 & Type 4 license upgrade, while the Type 9 license upgrade is still in process.” The company views this as part of a phased approach to building a full regulatory framework in Hong Kong.
🇭🇰 #AlchemyPay, together with SFC-licensed HTF Securities Limited, is pleased to announce the successful uplift of SFC Type 1 license to include virtual asset trading services.
With this upgrade secured, we have completed the Type 1 & Type 4 license upgrade, while the Type 9… pic.twitter.com/j7WoU17M0n
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 26, 2026
Alchemy Pay and HTF Securities had already secured the Type 4 (Advising on Securities) upgrade earlier. Both parties are now pursuing a further application for the Type 9 license upgrade.
This upgrade would extend virtual asset services into the asset management category. The application is currently being reviewed by the SFC.
With the Type 1 and Type 4 upgrades now in place, Alchemy Pay strengthens its regulatory standing. The company has positioned itself as a bridge between traditional finance and digital assets.
These licenses allow it to serve a wider base of investors across the region. Each regulatory step builds greater trust with both institutional and retail participants.
Stablecoin Strategy and Global Compliance Drive Further Growth The license achievement also supports Alchemy Pay’s planned stablecoin initiatives in Hong Kong. The company is working toward launching its own stablecoin in the near term.
It is also developing the Alchemy Chain stablecoin-based ecosystem as part of this plan. These efforts align with Hong Kong’s active push to regulate digital assets and stablecoins.
In addressing its long-term direction, Alchemy Pay stated that it “remains committed to building the bridge between traditional finance and digital assets in Asia’s leading financial hub.”
The company added that it is focused on strengthening its roots in Hong Kong as the regulatory environment continues to evolve.
Globally, Alchemy Pay holds 15 Money Transmitter Licenses across the United States. The company also carries a Digital Currency Exchange Provider registration in Australia.
It holds an Electronic Financial Business registration in South Korea as well. Additional licenses cover key markets across Europe and Southeast Asia.
The Hong Kong milestone supports Alchemy Pay’s broader goal of enabling fiat-to-crypto conversions worldwide. These services target key financial markets where regulatory clarity is advancing.
The company’s compliance record now spans more than 15 active jurisdictions. Its long-term strategy centers on expanding payment services across Asia and other emerging markets.
PANews reported on March 26 that Alchemy Pay announced the completion of its Hong Kong Securities and Futures Commission (SFC) Type 1 license upgrade with licensed institution HTF Securities, adding virtual asset trading services for professional and retail investors. The Type 4 license upgrade has already been completed, and the Type 9 license upgrade is still underway. The company stated that this move will strengthen its expansion strategy in Hong Kong for fiat currency deposits and withdrawals, stablecoins, and digital assets.
The collaboration bolsters Mastercard’s initiatives in cryptocurrency payment solutions.
Digital asset integration expands as Alchemy Pay becomes a Mastercard crypto partner.
Partnership aims to facilitate practical cryptocurrency transactions in everyday commerce.
Mastercard’s digital currency roadmap receives renewed market attention from announcement.
Shares of Mastercard experienced upward movement following the announcement that Alchemy Pay has become part of its Crypto Partner Program, drawing increased focus toward digital payment innovation. This collaboration bridges one of the world’s leading payment processors with a cryptocurrency payment solution provider. Despite closing positively, Mastercard stock showed slight pre-market softness.
Mastercard Stock Maintains Momentum Despite Pre-Market Dip Mastercard (MA) concluded trading at $499.81, registering a 0.40% increase following a session marked by fluctuations. Nevertheless, pre-market activity saw shares retreat to $497.40, representing a 0.51% decline. This minor pullback reflected some caution ahead of the upcoming trading day.
Mastercard Incorporated, MA
Market participants responded to the cryptocurrency payment announcement, which generated increased attention. Mastercard has been actively developing relationships with digital asset companies. Consequently, the Alchemy Pay integration represents another strategic step in its payment technology evolution.
Mastercard stands among the world’s most extensive payment networks measured by transaction volume. The organization facilitates connections between financial institutions, retailers, technology companies, and payment processors. As such, its cryptocurrency collaborations frequently generate significant interest throughout digital finance sectors.
Alchemy Pay Enters Mastercard’s Crypto Partnership Initiative Alchemy Pay has officially become a member of Mastercard’s Crypto Partner Program in pursuit of enhanced payment infrastructure capabilities. The platform functions as a bridge between traditional currencies and cryptocurrencies. Its technology enables individuals and enterprises to integrate digital currencies with conventional payment frameworks.
This alliance provides Alchemy Pay with greater connectivity to Mastercard’s extensive payment network. It simultaneously advances efforts to enhance cryptocurrency payment viability. Furthermore, this development illustrates the increasing convergence between conventional financial systems and blockchain-enabled payment technologies.
According to Alchemy Pay, the collaboration advances practical digital currency applications for international trade. The organization intends to pursue deeper integration through targeted Mastercard ecosystem programs. Complete implementation details, however, remain forthcoming.
Cryptocurrency Payment Expansion Generates Industry Interest This partnership emerges during a period when payment companies are actively investigating practical cryptocurrency applications. Digital currencies are increasingly transitioning from speculative trading instruments to viable payment methods, settlement tools, and international transfer solutions. Payment gateway providers are consequently pursuing stronger connections with established financial infrastructure.
Mastercard has established collaborations with numerous cryptocurrency and financial technology companies over recent years. These initiatives focus on regulatory compliance, payment accessibility, and scalable digital asset offerings. Additionally, they enable payment providers to experiment with blockchain technology within supervised financial frameworks.
Alchemy Pay’s participation in the program reinforces its standing within the cryptocurrency payment sector. It simultaneously provides Mastercard with another partner specializing in digital asset transaction processing. The announcement therefore generated increased discussion surrounding Mastercard stock and its cryptocurrency payment initiatives.
Alchemy Pay, a Singapore-based fiat-to-crypto payment gateway, has been admitted to Mastercard’s newly launched Crypto Partner Program, a global initiative designed to align on-chain innovation with established card-payment rails.
The Mastercard Crypto Partner Program, announced on March 11, brings together more than 85 crypto-native companies, payments providers, and financial institutions. According to Mastercard, the initiative aims to create a shared framework for collaboration as enterprise use cases such as cross-border settlement, payouts, and business-to-business money transfers continue to mature.
“Digital assets are entering a new phase,” Mastercard said in its announcement. “What once ran in parallel to existing financial systems is increasingly being applied to solve practical, real-world needs, often behind the scenes.”
Building on Existing Infrastructure Alchemy Pay’s inclusion deepens an existing relationship with Mastercard. The company was previously added to Mastercard’s Site Data Protection (SDP) Compliant Registered Service Provider List, placing it alongside global names such as Amazon, Google, and J.P. Morgan. Each company on the list is required to comply with Mastercard’s rules and data-security standards.
“Our inclusion in the Mastercard SDP Program demonstrates our commitment to operating within the bounds of regulatory frameworks,” Robert McCracken, Alchemy Pay’s Ecosystem Lead, said at the time. “Ultimately, though, it’s the consumer that benefits from seamless access to blockchain finance via global payment standards like Mastercard.”
Alchemy Pay currently supports fiat-to-crypto transactions across more than 173 countries using over 50 fiat currencies. Its product suite includes on-ramp and off-ramp solutions, an NFT checkout feature, and a white-label crypto card program that operates on both Visa and Mastercard networks. The company holds regulatory licenses in key markets, including the United States, Canada, and the United Kingdom.
Broader Industry Alignment The Crypto Partner Program builds on Mastercard’s earlier blockchain engagement through its Start Path accelerator and Engage platform, which includes a dedicated Crypto Card track.
Raj Dhamodharan, Mastercard’s Executive Vice President for Digital Asset Blockchain Products and Partnerships, said the focus is on translating technical innovation into scalable, compliant use cases that can operate across markets and integrate into everyday commerce.
For Alchemy Pay, the program arrives at a pivotal moment. The company recently launched the Alchemy Chain mainnet, a stablecoin-focused Layer 1 blockchain designed to support merchant payments, remittances, and cross-border settlements.
The mainnet launch, which completed Phase 4 of Alchemy Pay’s five-phase roadmap, was built with frameworks including Europe’s Markets in Crypto-Assets (MiCA) regulation, PSD2 payment standards, and Hong Kong’s evolving stablecoin rules in mind.
The company’s native token, ACH, will serve as the network’s gas-fee token and support validator participation and ecosystem incentives. Alchemy Pay’s participation in the Mastercard program positions the company to deepen its institutional relationships as the payments industry continues to explore blockchain-based settlement alongside traditional card infrastructure.
Alchemy Pay, the leading fiat-crypto payment platform, has partnered with local Malaysian e-wallets, GrabPay, Boost, and Touch ‘n Go. With this partnership, Alchemy Pay is expanding fiat on-ramp service within Malaysia. As per Alchemy Pay’s official press release, the strategic development aims to permit consumers to buy crypto assets via Malaysian Ringgit (MYR) via the widely used mobile wallets. This highlights the platform’s commitment to bolstering regional payment infrastructure across Southeast Asia.
🇲🇾#AlchemyPay has expanded its fiat on-ramp service in Malaysia with the integration of three new local payment channels: GrabPay, Touch ‘n Go eWallet, and Boost.
The update enables users to purchase crypto using Malaysian Ringgit (MYR) through digital wallets, strengthening… pic.twitter.com/YD4TbpCRas
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) May 27, 2026 Alchemy Pay Empowers Fiat On-Ramp for Malaysian Users via GrabPay, Boost, and Touch ‘n Go The integration with GrabPay, Boost, and Touch ‘n Go permits Alchemy Pay to expand its fiat on-ramp functionality in Malaysia via Malaysian Ringgit (MYR). The country has rapidly emerged as a key area among the most frequently used cashless economies in Southeast Asia, with deep integration of mobile wallets into daily user behavior. Including food delivery, QR-based payments, online commerce, transportation, and daily transfers, the development backs trusted local payment procedures into the on-ramp network of Alchemy Pay.
Hence, the initiative guarantees a relatively acquainted consumer experience for Malaysia-based users becoming a part of the crypto economy. The respective expansion also underscores the platform’s wider objective of connecting blockchain adoption and conventional finance across the latest markets. Additionally, by backing GrabPay, Boost, and Touch ‘n Go, Alchemy Pay is aligning the services thereof with the leading payment preferences of the country, minimizing friction for consumers onboarding into cryptocurrency platforms.
Bridging Fiat and Crypto to Enable Seamless Payments for dApps and Web3 According to Alchemy Pay, the inclusion of these channels underscores its consistent investment in local fiat infrastructure as well as regional accessibility. By adding the trusted regional wallets, the platform strengthens exchanges, Web3 services, and dApps to onboard consumers more effectively while decreasing payment friction. Moreover, recognition from leading payment entities like Mastercard and Visa further validates the role of Alchemy Pay as a trusted link between crypto and fiat.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Alchemy Pay, a key fiat-to-crypto payment platform, has achieved another regulatory milestone. In this respect, Alchemy Pay has obtained a Money Transmitter License (MTL) within the US state of Maine. As Alchemy Pay mentioned in its official press release, this regulatory landmark broadens its regulatory footprint across the United States across seventeen states. Thus, the development underscores the platform’s commitment to compliance and the development of a strong payment infrastructure worldwide. Earlier, Alchemy Pay received license in Rhode Islands as well.
🇺🇸#AlchemyPay has secured a Money Transmitter License (MTL) in the State of Maine, further strengthening its regulatory position in the United States and reinforcing its long-term commitment to compliant global payment infrastructure.
To learn more👇https://t.co/Kui84g337N… pic.twitter.com/E33b21pT4z
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 10, 2026 Alchemy Pay Drives Compliance Footprint in US with Maine Money Transmitter License Alchemy Pay’s acquisition of a Money Transmitter License in the US state of Maine is bolstering its compliance strategy. With this, the platform’s regulatory reach has spread across 17 US states. Such regulatory approvals are reportedly essential for the platform’s endeavors to build trust among the consumers, facilitating innovation, as well as enabling wider crypto adoption. Additionally, the Maine Money Transmitter License permits Alchemy Pay to carry out regulated money transmission operations, including both virtual assets and fiat currencies in the state.
Apart from that, the licensing status of Alchemy Pay can be autonomously confirmed via the Nationwide Multistate Licensing System (NMLS) Consumer Access entity. With its inclusion in Maine, Alchemy Pay currently holds Money Transmitter Licenses across 17 U.S. states. The present portfolio of the platform includes Maine, Rhode Island, Delaware, Nebraska, South Dakota, West Virginia, Kansas, South Carolina, Arizona, Wyoming, Oregon, and so on.
At the same time, many more licensing applications are still going through review across different jurisdictions, signifying the platform’s intention to broaden its regulated presence across the US. The new regulatory authorization aligns with the wider compliance-focused plan of Alchemy Pay while regulators and governments keep developing clearer models for blockchain-led payment networks, stablecoins, and digital assets.
Building Globally Compliant Network of Stablecoin Payments in Fully Regulated Environment According to Alchemy Pay, the Maine license authorization is poised to improve Alchemy Pay’s capability to provide regulated services for exchange between fiat and crypto. The initiative also attempts to develop a globally compliant payment network of stablecoin payments, meeting regulatory benchmarks in crucial jurisdictions. Moreover, the platform is endeavoring to keep pursuing its regulatory authorizations across critical markets while driving compliance developments that back stablecoin adoption and the future of seamless digital payments.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Alchemy Pay has given users around the world a simpler way to move cash onto blockchains by adding StraitsX’s $XSGD and $XUSD stablecoins to its fiat on-ramp. The payment gateway, already known for connecting traditional payment rails to crypto networks, now lets people in 173 countries buy these fiat-backed tokens with familiar methods like Visa and Mastercard, Apple Pay and Google Pay, local bank transfers and mobile wallets across more than 50 fiat currencies.
That might sound technical, but the practical effect is straightforward: people and businesses who want stable, regulator-friendly crypto exposure can now convert local currency into $XSGD and $XUSD without jumping through hoops. For many users, especially institutions that care about compliance and settlement certainty, this removes a major friction point between bank accounts and stablecoins.
StraitsX positions itself as a settlement layer built for stablecoins. Its $XSGD and $XUSD are fully reserved, fiat-backed tokens intended to make cross-border payments and liquidity flows smoother. Importantly, both coins are recognised by the Monetary Authority of Singapore as being substantively compliant with the regulator’s forthcoming Single-Currency Stablecoin framework, a signal that they were designed with oversight and real-world integration in mind. StraitsX also works with established banks such as Standard Chartered and DBS, which helps the project stitch together traditional finance and on-chain liquidity.
Faster Fiat-to-Crypto Flows For Alchemy Pay, the listing is part of a broader push to mainstream crypto payments. The company has built a global network underpinned by an array of regulatory approvals, including ten U.S. Money Transmitter Licenses and permissions across Southeast Asia, Korea, Europe and the U.K. That licensing footprint matters: it gives payment partners and customers confidence that when they move fiat into the crypto world, those flows meet regulatory expectations.
Behind the scenes, Alchemy Pay is also building new infrastructure of its own. The company is developing Alchemy Chain, a Layer-1 blockchain focused on stablecoin payments, and plans to launch a testnet soon alongside its own stablecoin. That roadmap suggests Alchemy Pay sees the future of payments as a mix of traditional rails and purpose-built blockchain layers working together.
The addition of $XSGD and $XUSD broadens the choices available to users who want a compliant path into digital currencies. It’s a reminder that the stablecoin ecosystem is maturing: issuers are working with banks and regulators, and payment gateways are trying to make on-ramps as seamless as possible. For end users, this means fewer steps, less confusion, and a clearer route from everyday money to programmable money. This integration is expected to accelerate adoption by firms and consumers seeking reliable digital payment options.
As stablecoins become more central to cross-border transactions and digital commerce, partnerships like the one between Alchemy Pay and StraitsX illustrate a simple idea playing out in the market: when regulated issuers and established payment providers cooperate, moving between fiat and crypto stops feeling like a technical stunt and starts feeling like an everyday utility.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Alchemy Pay, a global payment gateway from fiat to crypto, has announced its strategic partnership with Reef. This collaboration aims to introduce the world’s leading fiat-crypto on-ramp into the Reef website and wallet. This initiative strives to empower users of 173 countries, giving them the authority to easily buy $REEF tokens along with other digital assets.
Reef, a Layer-1 blockchain empowering Web3 accessibility, through this incentive, is set to make cryptocurrency more accessible. So, the integration aims to enable the audience worldwide to bridge the gap between traditional finance and Web3. Alchemy Pay has announced the news through its official X account.
Alchemy Pay and Reef Pave the Way for $REEF Token Accessibility Alchemy Pay leverages its fiat-to-crypto gateway to empower the $REEF token on Reef Chain. It means that the global users can utilize their local fiat currencies to purchase the $REEF token. They can use trusted payment methods like Visa, Mastercard, Apple Pay, Google Pay, bank transfers, and regional mobile wallets.
Alchemy Pay provides localized yet regulated payment options, making the onboarding process more compliant and secure. This initiative aims to mitigate entry barriers for crypto newcomers. Through this development, Reef wants to cement its reputation, empowering developers and users through seamless access to the decentralized web. Reef’s user-friendly ecosystem includes ReefSwap, Reef Chain Wallet, and ReefScan.
Alchemy Pay to Foster Web3 Adoption Worldwide Reef blends Alchemy Pay’s global payment rails to solidify its position as a blockchain network, promoting mass adoption. Through an effortless fiat-crypto conversion, both users and developers will benefit by making web applications more accessible. There is a continuous demand for compliant, smooth, and frictionless blockchain entry points. So, the Alchemy Pay and Reef partnership is a perfect example of boosting mainstream crypto adoption.
Through this groundbreaking incentive, Alchemy Pay and Reef are poised to highlight their shared vision of creating more approachable decentralized technologies. The $REEF token is just a few clicks away from users around the world. So, Reef is excited to consider new participants to expand the Web3 ecosystem.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Alchemy Pay, a top payment gateway for converting regular money into cryptocurrency, has teamed up with Fusionist. It is a leader in blockchain gaming. It will make it easier for people to buy and use Fusionist’s native token, $ACE. Alchemy Pay and Fusionist will benefit from this partnership by making $ACE tokens easier to buy worldwide. Alchemy Pay’s platform now accepts preferred payment methods and local fiat currencies. This makes the service more accessible and easier to use for cryptocurrency fans.
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 19, 2024 Fusionist Leverages Alchemy Pay Partnership to Enhance $ACE Token Visibility This partnership boosts Alchemy Pay’s cryptocurrency payment ecosystem dominance. Alchemy Pay adds more tokens and simplifies fiat-to-crypto conversions to promote cryptocurrency use and make the growing digital asset market easy to use. Alchemy Pay Fiat On-Ramp adding $ACE tokens shows its commitment to adapting to users’ needs and helping the cryptocurrency community.
Fusionist benefits from Alchemy Pay’s integration with $ACE, making it more visible and usable. Fusionist wants to revolutionize gaming with decentralized finance. Through a blockchain-powered gaming platform. Fusionist uses the $ACE token as its main currency, encouraging users to participate in many gaming projects. For more people to buy and use $ACE tokens, Fusionist can integrate them onto the Alchemy Pay Fiat On-Ramp and use its large network and user base.
Fusionist’s Endurance website has a “Buy ACE” section that lets community members buy $ACE tokens directly through Alchemy Pay’s ramp support. This integration makes it easier for Fusionist’s community to get $ACE tokens without third parties, improving their experience. Fusionist wants to increase user engagement by making tokens easier to get. This boosts ecosystem growth and adoption.
Alchemy Pay and Fusionist Partner for Industry Transformation Fusionist and Alchemy Pay are doing more than adding tokens. They want to boost worldwide blockchain gaming growth and innovation. Fusionist’s innovative blend of gaming and decentralized finance fits Alchemy Pay’s mission to make cryptocurrency more accessible and inclusive. The two groups want to break down the barriers between gaming and finance and create decentralized gaming experiences.
Ultimately, Alchemy Pay and Fusionist’s partnership could boost the gaming industry adoption of cryptocurrency. The partnership wants to open and decentralize the gaming ecosystem by making games more accessible, and liquid, and encouraging new ideas. These partnerships are crucial to popularizing the digital asset market and expanding blockchain gaming as the market evolves.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
