TL;DR
- Alchemy Pay now allows users in over 170 countries to easily purchase Ondo’s USDY token with local fiat money.
- USDY blends stablecoin convenience with the security of US Treasuries, offering constant availability and fast settlement on Solana.
- This collaboration boosts mainstream adoption of tokenized real-world assets by bridging crypto and traditional finance through accessible payment methods.
Alchemy Pay’s recent move to integrate Ondo Finance’s USDY token on Solana into its fiat on-ramp network expands practical access to yield-bearing digital dollars for millions worldwide. With this addition, users can acquire USDY directly using their local currencies through trusted channels like Visa, Mastercard, Google Pay, Apple Pay, regional e-wallets and domestic bank transfers.
USDY is backed by short-term US Treasuries and cash equivalents, giving holders exposure to reliable yield and full transparency. Unlike conventional stablecoins, USDY generates yield while preserving dollar value, making it an attractive option for investors seeking alternatives to traditional savings tools. By operating on Solana, USDY delivers near-instant transactions with minimal fees, further increasing its appeal for both individuals and institutions looking for cost-effective dollar-denominated assets.
Bridging Traditional Finance And Digital Assets
This partnership leverages Alchemy Pay’s extensive global infrastructure, which includes over 300 payment channels and support for more than 50 fiat currencies. It drastically lowers entry barriers for non-US users who want to benefit from tokenized treasury yields without facing complex onboarding processes or high transaction costs.
Ondo Finance continues to lead the market for tokenized real-world assets by making instruments like USDY straightforward to access, hold and transact. For international users, the integration means they can diversify savings, manage treasury operations, or handle cross-border payments with greater capital efficiency. Investors appreciate practical tools that simplify digital dollar adoption. This fresh option empowers people to rethink how they manage savings and access dependable dollar exposure wherever they live.
Driving Practical Crypto Adoption Worldwide
Founded in 2017, Alchemy Pay has positioned itself as a key connector between crypto and fiat ecosystems. Beyond on-ramps, its suite of solutions includes an NFT checkout, Web3 digital banking and an RWA investment platform, all designed to make digital assets more usable in daily life.
This step forward also signals growing trust in tokenized yields among both institutional players and retail savers seeking stable returns. Investors expect more opportunities like this as crypto matures globally. More partnerships are likely to emerge soon, strengthening financial inclusion everywhere. This momentum reinforces crypto’s promise to modernize traditional finance through innovative, secure technology available to everyone.
