• Alchemy Pay and Ripple partner to allow RLUSD purchases using local payment methods in over 170 countries.
• RLUSD is backed by US dollars and meets new stablecoin rules set by the GENIUS Act in the United States.
• Alchemy Pay supports RLUSD growth with licensed access in major markets including the US, UK, and South Korea.

Alchemy Pay has formed a partnership with Ripple to support global fiat on-ramps for the RLUSD stablecoin. This initiative enables customers in over 170 countries to purchase RLUSD using local payment methods. It accepts over 300 payment methods, including Visa, Mastercard, Apple Pay, Google Pay, and bank transfers.

Alchemy Pay Partners with Ripple to Power Global RLUSD Fiat On-Ramps!@AlchemyPay has partnered with @Ripple to enable seamless fiat on-ramp access for Ripple USD $RLUSD, Ripple’s fully-backed and compliant stablecoin. This collaboration brings RLUSD to users in 173+ countries,… pic.twitter.com/pfN7bsWHdN

— Crypto Miners (@CryptoMiners_Co) June 18, 2025

Regional mobile wallets are also included in the supported methods. These channels are widely used in emerging markets. By offering local options, Alchemy Pay helps make stablecoins more accessible to everyday users. This integration lowers the barrier to entry for both individuals and institutions.

RLUSD is issued by Standard Custody & Trust Company, which is owned by Ripple. It is a stablecoin with a bailment of one to one U.S. dollars and equivalent cash reserves. It is designed to guarantee liquidity, safety, and transparency to users. Ripple created RLUSD for enterprise use, including payment networks and digital settlements.

Regulatory Momentum and Market Readiness

The RLUSD rollout comes shortly after the U.S. Senate passed the GENIUS Act. This bill creates a regulatory framework for stablecoins in the United States. It requires full backing by cash or short-term treasuries and regular audits for large issuers.

Ripple minted 12 million RLUSD tokens ahead of the vote to increase available supply. Regulatory approval has already been secured in key regions, including Dubai and New York. These developments give RLUSD a stronger foundation in regulated markets.

Alchemy Pay is licensed in key markets worldwide, including the United States, Canada, the United Kingdom, South Korea, and Australia. This legal backing allows Alchemy Pay to offer compliant services across its international payment network.

Major exchanges such as BitGet and Euler Finance have recently listed RLUSD. The stablecoin is gaining attention as regulatory clarity increases. Alchemy Pay’s role will support this growth by enabling simple and legal purchase options.

RLUSD Targets Competitive Stablecoin Segment

RLUSD will compete with leading stablecoins such as USDC and USDT. Ripple and Alchemy Pay plan to focus on compliance and enterprise-grade features. The stablecoin is positioned for cross-border payments and business applications.

Alchemy Pay processed eight million transactions in 2024. The company also added three million users during the year. These results show rising interest in regulated crypto access.

The RLUSD partnership reflects growing institutional demand for secure and transparent stablecoins. As global rules develop, partnerships like this are likely to shape the future of digital currency.