PR Newswire
Alchemy Pay, the world-leading crypto payment solution provider, has announced a strategic partnership with Ripple to support fiat on-ramp access via Ripple USD (RLUSD), a USD-denominated stablecoin issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs.
This support enables users in over 173 countries to seamlessly purchase RLUSD through Alchemy Pay’s extensive fiat-crypto payment network. With support for more than 300 local payment methods, including Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and bank transfers, Alchemy Pay significantly lowers the entry barriers for users and institutions looking to access a compliant and reliable stablecoin.
RLUSD is designed with trust, liquidity, and compliance at its core. Fully backed 1:1 by U.S. dollars and equivalent cash reserves, RLUSD combines the security of fiat with the efficiencies of blockchain technology. It is built to support enterprise-grade applications, particularly in cross-border payments and digital finance infrastructure, leveraging Ripple’s proven ecosystem and regulatory expertise.
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As Ripple expands its portfolio of real-world blockchain solutions, RLUSD plays a critical role in delivering trustworthy and liquid digital dollars to financial institutions, developers, and enterprises worldwide. Ripple’s long-standing industry leadership and global licensing footprint reinforce RLUSD’s credibility and usability in regulated environments. This partnership represents a major step forward in driving stablecoin adoption, enabling a trusted bridge between traditional finance and blockchain-powered digital assets.
Alchemy Pay is a pioneer in fiat-crypto payments, not only offering extensive global coverage and deep expertise, but also in navigating regulatory environments, which makes it the partner of choice for Web3 projects seeking to scale adoption and enhance accessibility. In 2024 alone, it recorded 3M registered users, 8M transactions, and 3X growth. With regulatory approvals in key markets including the UK, Switzerland, U.S., Canada, Australia, South Korea, Indonesia, and Lithuania, Alchemy Pay continues to set the standard for globally accessible, compliant, and efficient crypto payments. By integrating RLUSD into its on-ramp infrastructure, Alchemy Pay is furthering its mission to make digital assets more accessible and build a more inclusive and user-friendly crypto economy.
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