Alchemy Pay and Ripple Join Forces to Simplify RLUSD Stablecoin Access Globally
Alchemy Pay and Ripple Partner to Make RLUSD Stablecoin Globally Accessible
In a major boost for stablecoin adoption and cross-border digital finance, Alchemy Pay has announced a strategic partnership with Ripple to offer global fiat on-ramp access to Ripple’s new USD-backed stablecoin, RLUSD. Through Alchemy Pay’s fiat-crypto gateway, users in over 173 countries can now purchase RLUSD using more than 300 local payment methods, including Visa, Mastercard, Apple Pay, and regional bank transfers.
This move signals a powerful alliance between two fintech leaders—Ripple with its expanding stablecoin strategy and regulatory muscle, and Alchemy Pay with its user-friendly, globally compliant fiat-crypto infrastructure.
RLUSD: A New Contender in the Stablecoin Arena
RLUSD is Ripple’s USD-denominated stablecoin, fully backed 1:1 by U.S. dollars and cash equivalents, and issued via Standard Custody, a Ripple subsidiary regulated by the New York Department of Financial Services (NYDFS). Available on both the XRP Ledger and Ethereum, RLUSD is engineered for compliance, liquidity, and real-time payments, especially for enterprise-grade applications like cross-border transactions and fintech integrations.
With Ripple’s track record in enterprise blockchain adoption and a stablecoin that’s transparently regulated and redeemable, RLUSD is positioning itself as a serious rival to incumbents like USDC and USDT—particularly in markets where regulatory scrutiny is tightening.
Alchemy Pay: Bridging Crypto and Fiat With Global Reach
For Alchemy Pay, the RLUSD integration fits neatly into its mission: making digital assets more accessible and usable for everyone. With support for fiat payments across 173 countries and a wide range of local methods, Alchemy Pay’s on-ramp eliminates the friction typically associated with crypto onboarding.
By integrating RLUSD, the company is enabling:
- Easy access to a trusted stablecoin without requiring prior crypto experience
- Seamless fiat-to-RLUSD conversion through familiar payment rails
- Support for exchanges, wallets, fintech platforms, and Web3 projects looking to expand stablecoin offerings
This follows a strong 2024 for Alchemy Pay, during which the company reported:
- 3 million registered users
- 8 million processed transactions
- 3x annual growth
And critically, Alchemy Pay is now licensed or approved in major markets including the U.S., UK, Switzerland, Australia, South Korea, and others—making it one of the most globally compliant fiat-crypto gateways in the space.
Why It Matters: A Scalable Path to Stablecoin Adoption
Stablecoins are increasingly viewed as the missing link between traditional finance and decentralized systems, but many suffer from poor on-ramp infrastructure, unclear reserves, or regulatory ambiguity. This partnership addresses all three:
- Regulatory clarity from Ripple’s custody model and licensing
- User accessibility via Alchemy Pay’s vast fiat gateway
- Developer-readiness for use cases in DeFi, digital banking, and enterprise payments
For developers and businesses, this means they can now tap into RLUSD without reinventing their payment stack. For users, it means another step toward stable, real-time, fiat-like crypto usage—no exchange detours required.
Looking Ahead: Building the Web3 Payment Stack
With this partnership, Ripple and Alchemy Pay are laying the groundwork for a stablecoin-powered, globally interoperable Web3 payment infrastructure. RLUSD could become the cornerstone of Ripple’s broader blockchain financial ecosystem, while Alchemy Pay cements its role as the go-to on/off-ramp for real-world crypto utility.
