Alchemy Pay Unveils Stablecoin-Focused Alchemy Chain White Paper
Alchemy Pay has released the official white paper for its Alchemy Chain project, marking a strategic pivot toward a stablecoin-specialized LAYER 1 blockchain. The redesigned network aims to optimize real-time cross-border payments through streamlined stablecoin settlements.
The technical document outlines a revised architecture, ecosystem standards, and a phased upgrade roadmap. Core functionality now centers on instant stablecoin swaps and reducing friction in international transactions. This shift follows the U.S. Senate's passage of the GENIUS Act, which establishes regulatory clarity for stablecoin payment infrastructure.
Alchemy Chain's transformation from a general-purpose blockchain to a payment-optimized protocol reflects growing institutional demand for compliant digital settlement rails. The project's narrowed focus positions it to capitalize on accelerating adoption of dollar-pegged cryptocurrencies for global commerce.