Alchemy Pay Obtains Kansas License, Expands U.S. Reach to Eleven States

Highlights:

• Alchemy Pay obtained the Kansas Money Transmitter License in 2025.
• The company now operates in 11 U.S. states with legal MTL approval.
• New fiat-RWA and stablecoin services launched across global regions.

Alchemy Pay, a firm providing fiat-crypto payment solutions, has received a Money Transmitter License (MTL) in Kansas, in one of its major compliance moves for 2025. The license expands Kansas to the list of growing jurisdictions in the United States. Alchemy Pay is currently legal in eleven states, such as Oregon, South Carolina, and New Hampshire.

The new license follows two other licenses that the company secured earlier in the year. Such approvals indicate an aggressive growth strategy. Through the Kansas MTL, Alchemy Pay will be able to provide compliant fiat-crypto services to new U.S. markets.

The license is issued by the Kansas Office of the State Bank Commissioner. It authorizes legal permission to provide money transmission services to businesses and individuals. This also allows the business to expand its activities in the U.S. with complete legal support.

Ailona Tsik, the CMO of Alchemy Pay, said in the statement,

“The Kansas Money Transmitter License confirms the firm belief of Alchemy Pay in compliance and transparency in all the markets that it serves.”

Another milestone achieved 🇺🇸#AlchemyPay has secured its 11th U.S. Money Transmitter License, this time in Kansas, reinforcing our commitment to regulated growth and powering new use cases from RWA access to stablecoin payments.

🔗 Full story: https://t.co/hJXUhJWDd6$ACH pic.twitter.com/833GYC0nAb

— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) December 31, 2025

Strengthening Global and Product Expansion

Alchemy Pay is also increasing its compliance presence globally as it acquires additional licenses in the U.S. In Australia, the company is integrated with AUSTRAC as a digital currency exchange provider. In Korea, it was granted an Electronic Financial Business license.

Alchemy Pay also joined the VQF, a recognized financial SRO in Switzerland. It further ventured into Hong Kong by investing in a licensed securities firm. These activities have established Alchemy Pay as a multi-region leader in regulated fintech services.

The licensing ensures that the company develops advanced solutions such as tokenized real-world assets (RWAs). Through its RWA platform, users can purchase tokenized stocks in fiat. It boasts of being the first fiat-to-RWA gateway in the world.

Alchemy Pay launched tokenized ETFs and stocks in a strategic partnership with Backed in June. With this integration, global users were able to access tokenized assets in local currencies. The product, called xStocks, covers over 170 countries.

Driving Stablecoin Adoption and Fiat On-Ramps

In addition to the RWA innovation, Alchemy Pay aims to increase the utilization of stablecoins in real life. The company has collaborated with Bitget Wallet to introduce a 0% fee USDC on-ramp, which allows customers to purchase USDC at no transaction fees.

The service allows popular payment methods, including Apple Pay, Google Pay, Visa, and Mastercard. It primarily focuses on African, Latin American, Asia, and Pacific users who have limited dollar access. The platform also launched fiat on-ramp services for $FOLKS tokens. The move will allow consumers in 173 jurisdictions to buy $FOLKS in local currencies. The integration is advantageous to areas without access to crypto exchanges.

#AlchemyPay's fiat on-ramp now supports $FOLKS, making it easy to buy with local fiat payment methods across 173 countries.

Power lending, borrowing, staking & crosschain DeFi without the friction. Start here 👉 https://t.co/X263Ark5Gz $ACH pic.twitter.com/Ceq6MvCxcI

— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) December 30, 2025

The streamlined on-ramp system of Alchemy Pay further decreases the barriers to entry for new entrants and users into the crypto industry. This directly aligns with its mission of bridging traditional finance and decentralized networks. The Alchemy Pay roadmap further involves the introduction of its own stablecoin and blockchain ecosystem. The Alchemy Chain will be based on the stablecoin infrastructure and MTL coverage across the U.S.