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Alchemy Pay to Launch Proprietary Blockchain Network for Stablecoin Payments
Alchemy Pay is accelerating the rollout of its blockchain network, Alchemy Chain, and plans to launch a stablecoin by the end of 2025, positioning itself as a central hub for cross-border payments powered by fiat-backed stablecoins.
Alchemy Pay announced the upcoming launch of new payment products, aligning its strategy with regulatory developments around stablecoins in the United States, the European Union, Japan, and Hong Kong. According to the company’s leadership, the rapid progress in legal frameworks across major financial jurisdictions signals a growing global consensus: fiat-backed stablecoins are becoming an accepted part of traditional financial infrastructure.
In response, Alchemy Pay is strengthening its role as a fiat-to-stablecoin gateway and building out a dedicated blockchain network. Alchemy Chain will support swaps between global and local stablecoins, aggregating liquidity across jurisdictions and public blockchain ecosystems.
Technologically, the platform is designed to simplify cross-border transfers, currency conversion, and cross-chain asset movement. Gas fees on the network will be paid in ACH, the native token of the Alchemy Pay ecosystem. The network will integrate via API, targeting B2C and B2B use cases. The official launch is scheduled for the fourth quarter of 2025.
Shortly after the launch of the blockchain network, Alchemy Pay also plans to issue its fiat-backed stablecoin. While the name and technical specifications have yet to be disclosed, the asset is expected to serve as a core infrastructure component.
By aligning its offerings with evolving regulatory standards, Alchemy Pay aims to deliver a compliant, scalable infrastructure layer for global payments — enabling efficient, regulator-approved value flows across borders.
Maks Krupyshev, CEO of CoinsPaid, has noted that stablecoins are emerging as a new universal payment instrument — particularly in countries where the U.S. dollar is used unofficially, and the banking system fails to meet the financial needs of local businesses and populations.
According to analysts, stablecoin-based transactions reached $15.6 trillion in volume in 2024. As a result, stablecoins are increasingly viewed as an alternative to traditional global payment infrastructure, effectively making cross-border transfers nearly free.