Alchemy Pay has announced plans to launch its own stablecoin following the introduction of Alchemy Chain, a blockchain designed to enhance the global stablecoin ecosystem. Alchemy Chain will facilitate seamless exchanges between international stablecoins like USDT and USDC, and local stablecoins such as EURC and MBRL. The official launch of Alchemy Chain is slated for Q4 2025, with the proprietary stablecoin expected to follow shortly thereafter.