Alchemy Pay has announced plans to launch the Alchemy Chain, a blockchain specifically designed for stablecoin payments, expected to be operational in Q4 2025.
Launch of Alchemy Chain
Alchemy Pay has unveiled the Alchemy Chain, which will serve as a hub for stablecoin exchanges. This network will facilitate seamless exchanges between local and international stablecoins, enhancing their adoption in the market.
Stablecoin Regulation
The launch of Alchemy Chain comes on the heels of increased stablecoin regulation in major markets. The U.S. has passed the GENIUS Act, establishing a legal framework for stablecoins, with similar initiatives occurring in Hong Kong, Japan, and the European Union.
Future of Stablecoins and Integrations
Following the launch of Alchemy Chain, plans for a proprietary stablecoin are in place. This move will enhance Alchemy Pay's involvement in the growing stablecoin market, further supported by partnerships with Ripple and other stablecoins.
Alchemy Pay continues to evolve in the regulated digital finance space, strengthening its position in the stablecoin market and expanding its services on an international scale.