Alchemy Chain mainnet launches for compliant stablecoin payments

Alchemy Pay announced the launch of the Alchemy Chain mainnet, a Layer-1 blockchain built for stablecoin payments. The company said the network is aligned with the European Union’s Markets in Crypto-Assets regulation (MiCA) and guidance from the Hong Kong Monetary Authority (HKMA) and plans to issue a native USD stablecoin for enterprise settlement across Europe, the Asia-Pacific, Africa and the United States. The announcement was issued as a sponsored press release from Alchemy Pay.

The network moves from testing to live operations with a payments-first design. Alchemy Pay describes features including near-instant transaction finality, predictable fees and native connections to fiat on- and off-ramps. The company positions the chain for merchant payments, remittances and cross-border settlement and says it enables interoperability between blockchain transactions and traditional banking rails and wallets.

Alchemy Pay presented the chain as built to meet regional regulatory requirements. The firm said Alchemy Chain is designed to align with MiCA, the EU’s Second Payment Services Directive (PSD2) and Hong Kong’s evolving digital-asset and stablecoin guidance overseen by the HKMA. The mainnet release is described as laying technical groundwork for a native USD stablecoin and for expanding regulated payment corridors across multiple jurisdictions.

The network uses the $ACH token as the native gas fee token. According to the company, $ACH will pay transaction fees, support validator participation and help grow the ecosystem as adoption expands. The mainnet launch includes developer resources such as documentation, deployment guides, a bridge for asset transfers and a block explorer for monitoring network activity and verifying on-chain data.

Alchemy Pay invited developers, corporate partners and financial institutions to integrate and build on the chain. The announcement frames the platform as intended to provide enterprises with clearer regulatory alignment when using stablecoin settlement. The claims and technical details were provided by Alchemy Pay in a sponsored press release and have not been independently verified.