Alchemy Pay Gains Recognition in Switzerland, Boosting Stablecoin Payment Options

Alchemy Pay, a prominent player in the fiat-crypto payment solutions sector, has proudly announced its official admission to the Association for Quality Assurance of Financial Services (VQF) in Switzerland as a recognized Self-Regulatory Organization (SRO). This significant achievement opens new avenues for Alchemy Pay in providing secure and compliant fiat-to-crypto, as well as crypto-to-fiat exchange services tailored for the Swiss market, particularly in stablecoin payment solutions.

Recognized as an SRO under the supervision of the Swiss Financial Market Supervisory Authority (FINMA), VQF ensures that its members adhere to high standards related to financial services in Switzerland. As a result of this membership, Alchemy Pay must continuously meet stringent compliance requirements established by VQF, ensuring its operations within Switzerland's rapidly evolving stablecoins and cryptocurrency market remain secure and transparent. This regulatory framework establishes a robust foundation for Alchemy Pay's initiatives to enhance its stablecoin payment infrastructure, offering consumers and businesses a more efficient alternative to traditional payment methods.

Ailona Tsik, Chief Marketing Officer at Alchemy Pay, expressed excitement about the organization's official recognition as a self-regulatory body in Switzerland. She stated, "This membership enables us to provide stablecoin payment solutions in Switzerland in a fully compliant manner. As a leader in the fiat-to-crypto payment space, we look forward to offering our trusted services to Switzerland's growing crypto community and to expanding our regulatory footprint across Europe." Alchemy Pay's global success, with significant achievements in key markets such as the US, UK, Australia, and Korea, underscores its capability to navigate complex regulatory challenges while delivering innovative solutions to its clients.

Strategic Advantage with Stablecoin Payments in Switzerland

As the popularity of stablecoins surges in various payment scenarios, Alchemy Pay stands strategically positioned to leverage this upward trend. The company's integrated crypto payment solution allows users to conveniently make purchases using stablecoins, linking their wallets and major exchange accounts like Coinbase, Kraken, and Robinhood. This grants them access to their account balances, while also enabling merchants to effortlessly accept cryptocurrency payments.

The regulatory acknowledgment in Switzerland brings about compliance assurance that will fast-track the implementation of stablecoin payments, providing Alchemy Pay a competitive edge in the European market. The growing interest in stablecoins as a mainstream payment solution has been echoed by key industry players like Andreessen Horowitz (a16z), who highlighted stablecoin payments as a significant trend to monitor in 2025, estimating increased enterprise adoption driven by their cost-effectiveness and efficiency in cross-border transactions. Further backing this trend, Circle's CEO Jeremy Allaire predicts that stablecoins may account for about 10% of the global economic monetary supply in the coming decade, primarily due to improved regulatory clarity and increasing enterprise utilization.

European Expansion and Growth in the Crypto-Friendly Swiss Landscape

Alchemy Pay’s entry into the VQF SRO occurs during a period when the cryptocurrency market in Europe is accelerating, with notable regulatory developments taking place. The introduction of the Markets in Crypto-Assets Regulation (MiCA) and other progressive frameworks play a pivotal role in shaping the landscape of crypto governance in Europe. Alchemy Pay’s strict adherence to these evolving regulations highlights its commitment to delivering secure, compliant services to users and businesses alike.

Switzerland garners an appealing reputation as a favorable environment for Alchemy Pay's growth plans, especially in Zug, famously referred to as “Crypto Valley.” The region is known for its advances in blockchain innovation and welcoming crypto regulations. Notably, in 2023, the city of Lugano embraced bitcoin as a payment method for municipal services, exemplifying the nation’s forward-thinking attitude towards digital asset integration.

Holding a Virtual Currency Service license in Lithuania, Alchemy Pay's strategic endeavors into Switzerland and broader European markets signify a crucial landmark in its global expansion strategy. Additionally, Alchemy Pay has achieved essential regulatory milestones in numerous key global markets, such as securing eight money transmitter licenses across eight U.S. states, an Authorized Payment Institution License in the UK, Electronic and Financial Business Registration in Korea, and Digital Currency Exchange Provider certification under AUSTRAC in Australia. These key accomplishments bolster Alchemy Pay’s position as a trusted global leader in digital payments while showcasing its unwavering dedication to compliance, security, and innovation within the crypto sector.

About Alchemy Pay

Founded in Singapore back in 2017, Alchemy Pay has developed as an innovative payment gateway linking traditional fiat currencies with cryptocurrencies, serving businesses, developers, and end users alike. Its services comprise On/Off Ramp, Crypto Payments, Web3 Digital Banking, and NFT Checkout, catering to payments across 173 countries. The Ramp stands out as an all-in-one solution facilitating the buying and selling of crypto and fiat, offering seamless integration for platforms and decentralized applications (dApps) based on specific requirements. Merchants can globally accept crypto payments, while providing users the convenience of utilizing their crypto assets for daily transactions. Furthermore, Alchemy Pay's Web3 Digital Bank supports Web3 enterprises with multi-fiat accounts and instantaneous fiat-crypto conversion capabilities, showcasing its commitment to being at the forefront of financial technology.

For more information, visit their website, or connect with Alchemy Pay through their social media platforms.