Alchemy Pay has partnered with Ondo Finance to expand global access to USDY, a tokenized, yield-generating digital asset backed by U.S. Treasuries. Through this integration, users in 173 countries can now purchase USDY on the Solana blockchain using their local fiat currencies, thanks to Alchemy Pay’s fiat on-ramp infrastructure.
We’ve collaborated with @OndoFinance to power fiat on-ramps for USDY, a yield-bearing token backed by US Treasuries & deposits.
Now access high-quality, USD-denominated yield directly with fiat. Expanding RWA utility globally for investors with Alchemy Pay!… pic.twitter.com/rZoSvmrIkO— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 22, 2025
The partnership supports a wide range of payment methods, including Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and bank transfers. By leveraging Alchemy Pay’s network of over 300 payment channels and support for more than 50 fiat currencies, the collaboration significantly lowers the barrier for non-U.S. users seeking exposure to compliant, stable financial products.
USDY, issued by Ondo Finance, combines the accessibility of a stablecoin with the security of U.S. government debt. It offers 24/7 liquidity, full collateral transparency, and is designed for use cases such as institutional treasury management, cross-border transactions, and long-term wealth preservation. Additionally, USDY’s deployment on Solana ensures near-instant settlement and low transaction fees, enhancing usability for both institutions and retail investors.
As demand grows for tokenized real-world assets and regulated DeFi tools, this partnership positions both firms at the forefront of the onchain financial ecosystem. By integrating Ondo’s institutional-grade asset with Alchemy Pay’s compliant fiat ramp, the initiative aims to drive adoption of tokenized finance, particularly in emerging markets and regions outside the U.S. Together, Alchemy Pay and Ondo Finance are building critical infrastructure for a global, yield-focused onchain economy. By offering low-friction access to tokenized Treasuries, they are enabling a broader range of users to engage with secure, yield-bearing digital assets.
In parallel, Alchemy Pay continues expanding its presence in the blockchain sector. The company already supports fiat access to networks like Tether, TON, BNB Chain, Uniswap, Lido, and Coinbase Wallet. Its regulatory footprint is also widening, recently gaining a Money Transmitter License in South Carolina—bringing its total U.S. state coverage to ten.
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