Alchemy Pay, a world-leading crypto payment solution provider, announced an integration with Ondo Finance’s US Dollar Yield (USDY) token on Solana with Alchemy Pay’s extensive fiat on-ramp, making it easier for users worldwide (outside the U.S.) to acquire USDY using their local fiat currencies.
Through this collaboration, users across 173 countries can now seamlessly purchase USDY on Solana using local fiat currencies and preferred payment methods such as Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and bank transfers. Enabled by Alchemy Pay’s global infrastructure of over 300 payment channels and 50+ fiat currencies, this collaboration significantly lowers the entry barrier for non-U.S. investors and institutions seeking compliant, high-quality yield-bearing assets.
USDY combines the accessibility of a stablecoin with the financial strength of U.S. Treasuries, offering 24/7 liquidity, transparent collateralization, and compatibility with a range of use cases, including treasury management, cross-border payments, and wealth preservation. USDY on Solana also benefits from near-instant transactions and minimal associated costs, making it practical for both institutions and individual investors seeking capital efficiency and secure dollar exposure.
Read More on Fintech : Reinventing Identity Security in the Age of AI
Alchemy Pay’s ramp solution plays a key role in making crypto more accessible and driving adoption. By enabling seamless conversions between fiat and crypto currencies, it provides both newcomers and seasoned users with a frictionless experience in the crypto space. In addition to Ondo Finance, Alchemy Pay is trusted by leading blockchain projects such as Tether, TON, BNB Chain, Uniswap, Lido, Coinbase Wallet, and Linea. With a strong regulatory presence across the U.S,, UK, Europe, and Asia, Alchemy Pay continues to serve as a compliant and dependable link between traditional finance and blockchain technology.
This collaboration highlights Alchemy Pay’s continued mission to bridge traditional finance with the evolving onchain financial ecosystem. As the industry accelerates toward tokenized assets and real-world adoption, Alchemy Pay remains at the forefront by providing secure, compliant, and localized access to next-generation digital assets like USDY. Together, Alchemy Pay and Ondo Finance are advancing the vision of an open, yield-generating onchain economy, while empowering users with tools for everyday financial utility and long-term wealth management.
Ondo is a blockchain technology company. Its mission is to accelerate the transition to an open economy by building the platforms, assets, and infrastructure that bring financial markets onchain. Ondo Chain, its newly launched blockchain, is purpose-built to support institutional-grade onchain financial markets
Catch more Fintech Insights : The Future of Banking Starts with Customers
[To share your insights with us, please write to psen@itechseries.com ]
