#Ripple

𝙍𝙞𝙥𝙥𝙡𝙚’𝙨 𝙍𝙇𝙐𝙎𝘿 𝙉𝙤𝙬 𝘼𝙘𝙘𝙚𝙨𝙨𝙞𝙗𝙡𝙚 𝙞𝙣 170+ 𝘾𝙤𝙪𝙣𝙩𝙧𝙞𝙚𝙨 𝙏𝙝𝙧𝙤𝙪𝙜𝙝 300+ 𝙋𝙖𝙮𝙢𝙚𝙣𝙩 𝙈𝙚𝙩𝙝𝙤𝙙𝙨 𝘼𝙢𝙞𝙙 𝘼𝙡𝙘𝙝𝙚𝙢𝙮 𝙋𝙖𝙮 𝙋𝙖𝙧𝙩𝙣𝙚𝙧𝙨𝙝𝙞𝙥

Alchemy Pay has turned to Ripple to improve fiat-to-crypto conversions for users, leaning on its RLUSD stablecoin.

Alchemy Pay has announced a collaboration with Ripple to power fiat on-ramps for RLUSD stablecoin, lowering the barrier to global crypto adoption. This latest partnership extends the wave of institutional interest in RLUSD amid incoming legislation in the U.S.

Crypto payment solutions provider Alchemy Pay is enhancing its offerings for consumers through a strategic partnership with Ripple Labs. According to a press release, the partnership will see Ripple’s RLUSD stablecoin integrated into Alchemy Pay’s fiat on-ramp infrastructure.

Going forward, Alchemy Pay’s support for RLUSD will enable users to purchase the stablecoin through its expansive fiat-crypto network. Users in over 170 countries will be able to buy RLUSD using more than 300 local payment methods. According to the announcement, the integration will support RLUSD purchases via Visa, Apple Pay, Google Pay, bank transfers, and local mobile money wallets.

Alchemy Pay executives said the decision to support RLUSD was a natural fit for the payment provider. The press release cited RLUSD’s growing liquidity, regulatory compliance, and enterprise-grade capabilities as key reasons for the integration.

Ripple is boosting RLUSD’s liquidity by minting 12 million tokens ahead of the GENIUS Act vote. Meanwhile, Alchemy Pay is no newcomer to the Web3 payments space, having onboarded 3 million users and processed 8 million transactions in 2024..