Alchemy Pay (ACH)

May marked another step forward in crypto’s transition from speculation to financial infrastructure.

While headlines remained focused on markets and token performance, the NeoFinance stack continued shipping products that bring stablecoins and digital assets closer to everyday financial activity.

Across payments, banking, payroll, remittances, and settlement infrastructure, teams spent the month expanding access, improving user experience, and strengthening connections with TradFi systems.

Here’s a comprehensive breakdown of what shipped across the NeoFinance and payments landscape in May.

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● @AlchemyPay
• Alchemy Chain Mainnet went live, positioning itself as a compliant stablecoin payment network

• Alchemy joined the @Mastercard Crypto Partner Program, strengthening TradFi payment integrations

● @wirexapp
• Teased the upcoming launch of Wirex One, a stablecoin-focused premium neobanking and private banking service

• Launched a direct Google Pay upgrade for Android users, allowing cardholders to add their Wirex cards to Google Pay for seamless contactless payments

● @moonpay
•  Launched MoonAgents Card, a virtual Mastercard debit card that lets users and AI agents spend stablecoins directly from their onchain balances

• Launched Headless Onramps and expanding into institutional tokenized-asset infrastructure

● @exodus
• XO Cash went live, the first stablecoin built specifically for AI agents and the agentic economy

● @BVNKFinance
• Became @CorpayFX’s stablecoin infrastructure partner, bringing stablecoin wallets and 24/7 settlement access to 800,000+ business customers

● @meshpay
• Integrated @StellarOrg as its core settlement layer for stablecoin payments

● @whop
• Introduced Whop Cards, offering 5% cashback on Whop Ads, Content Rewards, and Uber

● @SoFi
• Rolled out SoFiUSD (SoFiD), the first stablecoin issued by a U.S. national bank and redeemable 1:1 for cash or cash equivalents

● @ether_fi
• Launched the $EURC Liquid vault, allowing EtherFi users earn on their Euros

● @deel
• Launched stablecoin salary payouts, powered by @BVNKFinance

● @secondfiapp
• Opened access to waitlist for their self-custodial Visa card, powered by @wirexapp

● @yellowcard_app
• Joined the Stable Alliance, established by @osldotcom and @usdgo_official to improve cross-border payments between Africa and APAC

● @tempo
• Partnered with @KASTxyz to bring Kast’s stablecoin earn product to Tempo

● @PPRO_Payments
• Integrated with @Coinbase Payments to bring stablecoin payments to enterprise merchants

● @movement_xyz
• Secured access to licensed payment rails in the US, EU, and Canada to become the stablecoin settlement and yield layer for emerging markets

● @KASTxyz
• USD and EUR account details went live, allowing users to receive USD via ACH, Fedwire, or SWIFT, and EUR via SEPA

● @kem_app
• Launched off-ramps to bank accounts in Kuwait, in partnership with @Unigox_global

● @FireblocksHQ
• GCC payment corridors went live on the Fireblocks Network for Payments, with @ARPdigital_io as the regulated corridor settlement partner

● @Wego
• Introduced stablecoin payments through partnership with @TripleAHQ for flights and travel bookings

● @cryptocom
• Received a UAE Stored Value Facilities (SVF) licence for digital asset payments

● @Mastercard
• Partnered with @OndoFinance, @Ripple, and Kinexys by @JPMorgan for a landmark transaction connecting a public blockchain with interbank settlement rails

● @Revolut
• Launched its first physical crypto card, a Dogecoin-themed card with zero exchange fees

● @NOWPayments_io
• USA₮, @tether's US-focused, regulated, dollar-backed stablecoin, went live on NOWPayments

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The NeoFinance stack is still evolving rapidly, but it’s becoming difficult to ignore that crypto payments are no longer a future use case. They are steadily becoming part of the global financial system.

$ACH significantly expanded its fiat on-ramp in Malaysia, i.e., the service for converting local currency to crypto.

The country's three largest and most popular local digital wallets—GrabPay, Touch'n Go eWallet, and Boost—were integrated into the Alchemy Pay system.

​Thanks to this integration, users in Malaysia will be able to purchase crypto directly, quickly, and locally through these mobile wallets using the Malaysian Ringgit (MYR), the local currency they use in daily life.

Southeast Asia is one of the fastest-growing regions globally in mobile wallet usage and crypto adoption. By strengthening its dominance in the region, Alchemy Pay gains a significant local advantage over competitors.

​The integrated platforms are not small startups. GrabPay belongs to Grab, the Uber of Southeast Asia. Touch'n Go is an infrastructure used by almost everyone in Malaysia for transportation and shopping.

Integrations with such giants demonstrate Alchemy Pay's strength in regulation and reliability.