Alchemy Pay, a leader in crypto-fiat payment solutions, has announced a new partnership with Ripple aimed at supporting the RLUSD stablecoin, making it easier to purchase in 173 countries.
Goals of Alchemy Pay and Ripple Partnership
Alchemy Pay and Ripple aim to provide users with the ability to purchase RLUSD using local fiat currencies through Alchemy Pay's global payment network. This integration opens up access to the stablecoin using familiar payment methods like Visa, Mastercard, Apple Pay, and others.
About the RLUSD Stablecoin
RLUSD is a stablecoin backed 1:1 by the US dollar, issued by Standard Custody & Trust Company, owned by Ripple. It is designed for trust, transparency, and regulatory compliance. RLUSD is primarily targeted at businesses, particularly in cross-border transactions and digital financial systems where safety and liquidity are important.
Alchemy Pay Growth in 2025
In 2025, Alchemy Pay experienced significant growth, increasing its user base to 3 million and processing 8 million transactions, three times more than last year. With licenses in key countries like the United Kingdom, the United States, Canada, South Korea, and Australia, Alchemy Pay aims to expand access to RLUSD globally.
The partnership between Alchemy Pay and Ripple marks an important step toward simplifying access to stablecoins and contributes to the growth of both companies in the fintech sector.