Alchemy Pay, a provider for crypto payment services, works together with Ripple to make Fiat on-disaster access possible for RLUSD, a stablecoin published by Standard Custody & Trust Company, LLC, a digital Custodian for Assiva. With the integration, users can buy RLUSD through the Alchemy Pay network.
RLUSD is a Stablecoin supported by the US dollar with a 1: 1 ratio and cash and equivalent reserves. It is designed for usual use for company use, especially for cross -border payments and digital financing. RLUSD combines the security of TradeFi with the efficiency of the blockchain.
The partnership is part of Ripple’s strategy to expand its blockchain-based solutions. RLUSD offers a familiar, liquid stabilecoin option for financial institutions, developers and companies. Ripple’s Global Licensing and Compliance Record supports the use of RLUSD in regulated markets.
Alchemy Pay offers Fiat-Crypto services in several countries and helps Bridging Tradfi with digital assets. In 2024, the company reported 3 million registered users and 8 million transactions. It has legal approvals in regions, including the VK, the US, Canada, Australia, South Korea and various European and Asian countries, to support the global payment infrastructure.
This partnership is intended to improve access to Stablecoins and to strengthen the acceptance of compatible crypto solutions.
Image: Alchemy Pay
Credit : cryptonews.net
