Alchemy Pay Integrates USD1 Stablecoin in 173 Countries

• USD1 is now accessible in 173 countries through Alchemy Pay.
• Political scrutiny surrounds WLFI’s Trump ties.
• Institutional investors show growing interest in USD1.

Alchemy Pay has officially integrated World Liberty Financial’s USD1 stablecoin into its global payment ecosystem, expanding accessibility to one of the fastest-growing dollar-pegged assets in the crypto market. The May 30 announcement confirmed that users in 173 countries can now buy USD1 using traditional payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and bank transfers.

USD1, launched by World Liberty Financial (WLFI) in March 2025, has quickly climbed to become the seventh-largest stablecoin by market capitalization, valued at $2.15 billion, according to DeFiLlama. The stablecoin is fully backed by U.S. Treasuries and custodied by BitGo Trust Company, which is compliant with U.S. regulations. It maintains a 1:1 peg with the U.S. dollar, offering users a stable store of value.

Backed by U.S. Treasuries, Custodied by BitGo

Managed by BitGo Trust, USD1 combines regulatory trust with market momentum. The addition of USD1 to the Alchemy Pay integration completes the latter’s main goal to ease fiat-to-crypto access. The platform, supporting more than 300 fiat channels and holding nine U.S. Money Transmitter Licenses, strengthens its position to bridge traditional and decentralized finance.

Despite the rapid rise of USD1, political concerns have been cast. On the twenty-third of May, the three U.S. senators expressed concern for any potential WLFI dealings with former President Donald Trump, proposing amendments to the GENIUS Act for further inquiry. Earlier in May, lawmakers had also sought records on WLFI’s dealings with the Trump administration. Since then, WLFI’s lawyers have defended the Do’s and Don’ts of WLFI, ensuring that it abides by all U.S. financial standards.

DeFi Expansion Backed by Chainlink and MGX

WLFI has now partnered with Chainlink to implement cross-chain interoperability, furthering its use in decentralized finance. This action allows USD1 to smoothly operate throughout various blockchain ecosystems. Meanwhile, the investment firm MGX in Abu Dhabi has committed to using USD1 for a $2 billion investment in Binance, which is an indication of institutional trust in the stablecoin’s resilience and utility.

Integration with Alchemy Pay will only further boost USD1 use and allow further controversial rise. Major crypto exchanges, including Binance, Bitget, KuCoin, MEXC, and HTX, have listed the stablecoin, just months after its release. With growing use cases in institutional finance and DeFi, USD1 may become a dominant force, politics notwithstanding.

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