World Liberty Financial Inc. (WLFI) and Alchemy Pay have announced a new collaboration. The partnership will make it possible to buy USD1, WLFI’s US dollar stablecoin, on-ramp with ease.
Users can purchase the stablecoin using well-known payment methods as regional bank transfers, Visa, Mastercard, Apple Pay, and Google Pay.
About WLFI’s USD1
WLFI launched USD1 earlier this year as a fully backed stablecoin pegged one-to-one to the US dollar.
BitGo, the largest independent custodian in digital asset security and liquidity, issues and legally manages USD1. This ensures the stablecoin meets US regulatory standards and remains fully compliant.
USD1 has already climbed to 44th place in the global cryptocurrency market cap rankings, demonstrating growing trust and demand.
Alchemy Pay’s Payment Network
With operations in 173 nations, Alchemy Pay accepts more than 300 payment methods and more than 55 currencies.
Nine US money transmitter licenses are part of its vast network, which also includes licenses in Southeast Asia, Korea, Europe, and the United Kingdom.
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By integrating USD1, Alchemy Pay reduces hurdles for users seeking stable digital assets for trading, payments, or DeFi interactions.
Expanded Partnerships with Ethena Labs
In addition to supporting USD1, Alchemy Pay has teamed up with Ethena Labs to simplify access to other digital tokens. Users can now directly purchase USDe and ENA through everyday payment options like Visa, Mastercard, Google Pay, and Apple Pay.
This partnership broadens Alchemy Pay’s offerings and further lowers entry barriers for newcomers to the crypto space.
Implications for Stablecoin Adoption
Stablecoins matter because they bring the steadiness of traditional money into the world of digital assets. They assist users in avoiding the erratic price swings that other cryptocurrencies frequently experience by having a value that is one-to-one with currencies like the US dollar.
The partnership between WLFI and Alchemy Pay demonstrates the stablecoins’ increasing significance in contemporary banking. USD1 is made more widely available by fusing Alchemy Pay’s reliable infrastructure with WLFI’s goal of financial innovation.
This action emphasises how stablecoins serve as a link between digital assets and conventional finance. More people might use stablecoins for safe, controlled transactions as they become more well-known.
Alchemy Pay is strengthening its position as a catalyst for the widespread use of cryptocurrencies with these integrations. By making USD1, USDe, and ENA available through simple, familiar payment methods, the company aims to welcome a broader audience into digital finance.
As stablecoins continue to expand their reach, partnerships like these may play a key role in shaping the next generation of financial services.