Alchemy Pay mainnet launched, creating the world's first dual-compliance payment public chain

Alchemy Pay today announced the official launch of the Alchemy Chain mainnet, which focuses on stablecoin payments and aims to build a global compliant stablecoin payment network.

Alchemy Chain is positioned as the world's first payment public chain that connects the dual compliance frameworks of Europe's MiCA and Hong Kong's HKMA, and will natively issue its own stablecoin, facilitating enterprise-level settlement networks across the EU, Asia-Pacific, Africa, and the United States.

Alchemy Chain launched its testnet in March this year, and since its launch, the number of test addresses has exceeded 160,000.