KEY TAKEAWAYS
- Alchemy Pay partners with Ripple to enable seamless fiat on-ramp access via Ripple USD (RLUSD), enhancing global crypto payment solutions.
- The partnership allows users in over 173 countries to purchase RLUSD through Alchemy Pay’s network, supporting over 300 local payment methods.
- RLUSD, a USD-backed stablecoin, is designed for trust and compliance, supporting cross-border payments and digital finance infrastructure.
- This collaboration marks a significant step in stablecoin adoption, bridging traditional finance with blockchain-powered digital assets.
Alchemy Pay, a leading provider of crypto payment solutions, has announced a strategic partnership with Ripple to support fiat on-ramp access via Ripple USD (RLUSD). RLUSD is a USD-denominated stablecoin issued by Standard Custody & Trust Company, LLC, a subsidiary of Ripple Labs. The announcement was made here.
This collaboration enables users in over 173 countries to purchase RLUSD seamlessly through Alchemy Pay’s extensive fiat-crypto payment network. The network supports more than 300 local payment methods, including Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and bank transfers. This broad support significantly lowers the entry barriers for users and institutions seeking access to a compliant and reliable stablecoin.
RLUSD is designed with trust, liquidity, and compliance at its core. It is fully backed 1:1 by U.S. dollars and equivalent cash reserves, combining the security of fiat with the efficiencies of blockchain technology. The stablecoin is built to support enterprise-grade applications, particularly in cross-border payments and digital finance infrastructure, leveraging Ripple’s ecosystem and regulatory expertise.
Ripple’s Role in Stablecoin Adoption
As Ripple expands its portfolio of blockchain solutions, RLUSD plays a critical role in delivering trustworthy and liquid digital dollars to financial institutions, developers, and enterprises worldwide. Ripple’s industry leadership and global licensing footprint reinforce RLUSD’s credibility and usability in regulated environments. This partnership marks a significant step forward in driving stablecoin adoption, bridging traditional finance with blockchain-powered digital assets.
Alchemy Pay is recognized for its pioneering role in fiat-crypto payments, offering extensive global coverage and expertise in navigating regulatory environments. In 2024, the company recorded 3 million registered users, 8 million transactions, and tripled its 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.
Integration of RLUSD into Alchemy Pay’s Infrastructure
By integrating RLUSD into its on-ramp infrastructure, Alchemy Pay furthers its mission to make digital assets more accessible and build a more inclusive and user-friendly crypto economy. This integration is expected to enhance the accessibility of digital assets and support the scaling of Web3 projects.
Why This Matters: Impact, Industry Trends & Expert Insights
Alchemy Pay’s partnership with Ripple to integrate the RLUSD stablecoin into its fiat on-ramp services marks a significant advancement in the accessibility and adoption of stablecoins in the global financial ecosystem.
Recent industry reports indicate that RLUSD is experiencing significant adoption growth, with a combined market capitalization of approximately $244.2 million across the XRP Ledger and Ethereum blockchains. This aligns with Alchemy Pay’s integration of RLUSD, which is set to enhance liquidity and trading volumes within its extensive payment network.
A Deloitte report highlights that 2025 is seen as ‘the year of payment stablecoins,’ driven by their growing acceptance for payments and digital finance. This supports the impact of Alchemy Pay and Ripple’s partnership, emphasizing the strategic timing and potential for RLUSD to become a key player in the stablecoin market.
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