Alchemy Pay Prepares Stablecoin Launch as U.S., EU, Asia Push Forward With Regulation

As regulatory frameworks for stablecoins take shape across the U.S., EU, Hong Kong, and Japan, global payment firm Alchemy Pay is positioning itself as a central player in the next wave of compliant, cross-border digital finance. Through its upcoming blockchain network, Alchemy Chain, and the launch of its own fiat-backed stablecoin, the company aims to bridge global and local stablecoin ecosystems.

Regulatory Momentum Across Major Markets

United States – GENIUS Act Passes Senate (June 18, 2025)

The U.S. Senate passed the GENIUS Act, creating the first national framework for fiat-backed stablecoins. Key provisions include:

• 1:1 reserve backing with cash, Treasuries, or short-term liquid assets.
• Mandatory audits and monthly reserve disclosures.
• Exemption from SEC jurisdiction (stablecoins defined as non-securities).

The legislation also introduces strict AML compliance, bankruptcy protections for holders, and a tiered issuer system.

Hong Kong – Mandatory Licensing (May 21, 2025)

Hong Kong’s Legislative Council approved stablecoin legislation requiring:

• Licensing through the Hong Kong Monetary Authority (HKMA).
• Strict rules on reserve management, redemption, and risk oversight.

This sets the stage for potential issuance of a Hong Kong-dollar-backed stablecoin in the near future.

European Union – MiCA Rollout (June & December 2024)

The EU’s Markets in Crypto-Assets (MiCA) regulation is rolling out in two phases:

• June 2024: Oversight begins for Asset-Referenced Tokens (ARTs) and Electronic Money Tokens (EMTs).
• December 2024: New requirements for licensing, market integrity, and AML compliance.

This gives financial institutions across the EU legal clarity to adopt stablecoin services.

Japan – New Stablecoin Rules (February 2025)

Japan’s Financial Services Agency (FSA) introduced reforms to:

• Allow up to 50% reserves in government bonds or term deposits.
• Improve consumer protections and ease entry for non-custodial intermediaries.

This increases stability while enabling fintech and crypto players to offer stablecoin services with lower friction.

Alchemy Pay’s Response: Building Global Stablecoin Infrastructure

In response to this global policy shift, Alchemy Pay is doubling down on its infrastructure strategy:

• Alchemy Chain: A new blockchain focused on stablecoin payments, designed to support seamless swaps between global (USDT, USDC) and local stablecoins (EURC, MBRL, etc.)
• Native Stablecoin: Launching shortly after Alchemy Chain in Q4 2025, it aims to anchor liquidity flows within the network

Alchemy Pay plans to become the “exchange layer” for stablecoin settlements – supporting regulated, efficient, and interoperable value transfer across jurisdictions.

The Bigger Picture: Stablecoins Are Going Mainstream

What was once an experimental niche is now fast becoming infrastructure for real-world commerce. Global regulators are signaling a shared commitment to legalize and structure stablecoin use for payments and settlements.

Alchemy Pay, already known for its fiat-to-crypto onramp services, is expanding into backend infrastructure. By aligning its product roadmap with evolving global regulation, the company is preparing to play a key role in the compliant digital money stack.

The global stablecoin economy is no longer theoretical—it’s actively being built. Alchemy Pay is betting that its blockchain and stablecoin will sit at the center of this transformation.