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Home Business

Alchemy Pay Adds USD1 On-Ramp via WLFI to Expand Stablecoin Access

30 May 2025
in Business, News
Reading Time: 3 mins read
106 3
source: securities.io

source: securities.io

Alchemy Pay has announced a strategic partnership with decentralized finance platform World Liberty Financial Inc.

(WLFI), integrating USD1, a fully-backed, U.S. dollar-pegged stablecoin, into its global fiat-to-crypto payment gateway. This marks a significant development in the ongoing push to make regulated digital assets more accessible worldwide.

Source: Alchemy Pay

Through this integration, users across 173 countries can now seamlessly purchase USD1 using more than 300 payment options, including Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and local bank transfers. This enhanced accessibility represents a major step forward in reducing the friction often associated with stablecoin adoption.

USD1, launched by WLFI earlier this year, is issued and legally overseen by BitGo, a leading custodian known for its regulatory compliance and security in digital asset management. Designed to maintain a strict 1:1 peg with the U.S. dollar, USD1 offers a secure and compliant on-ramp for users navigating the decentralized finance (DeFi) landscape. WLFI, which draws ideological inspiration from former President Donald J. Trump’s emphasis on financial sovereignty, sees this stablecoin as a key pillar in its mission to democratize access to decentralized financial tools.

Alchemy Pay’s role in this partnership is part of a broader strategy to bridge the traditional finance and digital asset economies. The company holds nine U.S. Money Transmitter Licenses, along with regulatory approvals across Asia, Europe, and the UK, solidifying its credibility in offering compliant, borderless payment solutions.

By uniting Alchemy Pay’s global infrastructure with WLFI’s vision for secure, transparent DeFi, the integration significantly lowers entry barriers for both institutional and retail users. It further cements the critical role of stablecoins in payments, trading, and blockchain-based applications.

Additionally, Alchemy Pay has partnered with Ethena Labs to facilitate direct fiat purchases of the synthetic stablecoin USDe and the native token ENA. This integration—now live via the Ethena Swap portal—enables users worldwide to purchase USDe and ENA using popular payment methods, eliminating the need for centralized exchanges and reinforcing the trend toward frictionless, decentralized finance access.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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