Alchemy Pay Integrates World Liberty Financial’s USD1 Stablecoin for Global Access
Alchemy Pay has expanded its payment infrastructure by integrating USD1, a U.S. dollar-backed stablecoin issued by World Liberty Financial. The MOVE enables users across 173 countries to purchase USD1 through conventional fiat channels, including Visa, Mastercard, and mobile wallets. Launched in March, the stablecoin has swiftly climbed to become the seventh-largest by market cap, now valued at $2.15 billion.
USD1 is managed by BitGo Trust Company, ensuring regulatory compliance under U.S. oversight. Backed by U.S. Treasuries, it maintains a strict 1:1 peg to the dollar. Alchemy Pay’s integration leverages its 300+ fiat payment channels and nine U.S. Money Transmitter Licenses, bridging institutional and retail demand for dollar-denominated digital assets.
World Liberty Financial, the entity behind USD1, operates a DeFi platform influenced by Donald Trump’s economic policies. The firm aims to democratize access to decentralized finance through compliant tools, with USD1 serving as a cornerstone for global liquidity.