Alchemy Pay, a leading fiat-crypto payment gateway, has announced a strategic partnership with U.S. exchange giant Coinbase to expand global access to the USDC stablecoin. The collaboration, announced via Alchemy Pay's official X account, leverages the CoinEX platform to offer users zero ramp fees for purchasing USDC. This promotional offer is available for a limited time, from January 5th to February 4th, 2026.
The partnership aims to accelerate mainstream adoption of USDC by providing a low-cost, seamless fiat-to-crypto on-ramp. Alchemy Pay highlighted that this initiative strengthens the bridge between traditional finance (TradFi) and Web3, making digital assets like USDC more accessible for trading, DeFi, payments, and remittances.
In a separate but concurrent development, Alchemy Pay has secured its 12th U.S. Money Transmitter License (MTL) with approval from the West Virginia Division of Banking. This marks the company's fourth such license obtained in 2025, following recent approvals in Kansas, South Carolina, and Arizona. The company's U.S. regulatory footprint now spans 12 states, including West Virginia, Kansas, Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, and South Carolina, with additional applications under review.
According to Alchemy Pay CMO Ailona Tsik, "Securing our 12th U.S. MTL with the addition of West Virginia is a testament to the focused execution of our global compliance strategy. This accelerated progress demonstrates our capacity to meet rigorous state-by-state regulatory standards, building a scalable and trusted infrastructure."
The company's compliance push extends beyond the United States. In 2025, Alchemy Pay also obtained a Digital Currency Exchange Providers (DCEP) license in Australia, an Electronic Financial Business registration in Korea, admission to Switzerland's VQF as a Self-Regulatory Organisation (SRO), and made a strategic investment in Hong Kong-licensed HTF Securities Limited.
This regulatory groundwork is critical for scaling its core payment services and new product lines, such as its recently launched real-world assets (RWA) platform, which aims to offer direct fiat-to-RWA access. The company stated that this cumulative progress also paves the way for future initiatives, including the potential launch of its own stablecoin and the Alchemy Chain.
