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Alchemy Pay Launches Global Fiat Gateway for Tokenized U.S. Stocks

Fractional access from $1 lowers barriers for retail investors outside traditional brokerages.

Overview

  • The platform is live in more than 170 countries, offering direct fiat purchases of over 60 tokenized U.S. stocks and ETFs.
  • Users can pay with Visa, Mastercard, Apple Pay, Google Pay, SEPA, plus 50+ local methods, bypassing a crypto on-ramp.
  • The tokens, provided via xStocks, are described as 1:1 backed by shares held with regulated custodians and designed to reflect dividends and stock splits.
  • Execution and liquidity come from Backed and Kraken, with real-time prices from licensed U.S. data sources enabling near‑continuous 24/5 access.
  • Alchemy Pay frames the rollout as a move toward a broader financial access platform as the RWA market grew about 260% in H1 2025 to roughly $23 billion, according to Binance Research.