Alchemy Pay Expands Fiat On-Ramp to Support FOLKS Token

Alchemy Pay Expands Fiat On-Ramp to FOLKS Token

Alchemy Pay, a leading crypto payment gateway, has expanded its fiat on-ramp service to include support for the FOLKS token, effective 30 December 2025. This integration allows users from 173 countries to purchase FOLKS using local fiat currencies, improving access to lending, borrowing, staking, and cross-chain DeFi activities. The move aligns with the company's mission to bridge traditional finance and crypto ecosystems.

Alchemy Pay's platform supports a range of payment methods including Visa, Mastercard, Apple Pay, Google Pay, and regional mobile wallets. This diverse payment infrastructure ensures seamless onboarding for users transitioning from fiat to crypto. The company also provides off-ramp and NFT checkout solutions, making it a one-stop platform for businesses and developers seeking to integrate crypto capabilities.

The expansion of fiat on-ramp services reflects a broader trend in the crypto industry. As stablecoin usage grows, crypto wallets are evolving from trading tools into everyday financial apps. Bitget Wallet, for instance, reported a 28-fold increase in spending volume year-on-year, highlighting a shift in user behavior toward spending and asset management. This trend is expected to continue in 2026, with stablecoins playing a pivotal role in cross-border transactions and retail payment systems.

Why Did This Happen?

Alchemy Pay's decision to support FOLKS comes amid a growing demand for accessible crypto on-ramping solutions. The company's expansion aligns with its strategy to enhance global financial inclusion. By enabling users to acquire FOLKS through local fiat currencies, Alchemy Pay reduces barriers to entry for DeFi and cross-chain activities.

This move is also a response to the evolving landscape of crypto adoption. As users increasingly seek to use crypto in everyday transactions, platforms must adapt by offering flexible and user-friendly on-ramp services. The integration of FOLKS into Alchemy Pay's ecosystem demonstrates the company's ability to adapt to market demands and support innovation in the DeFi space.

How Did Markets React?

Market activity in 2025 showed a clear shift from trading to spending within crypto wallets. Bitget Wallet reported a 232% year-on-year increase in swap trading volume and a 291% rise in perpetual trading volume, reflecting growing confidence in decentralized markets. At the same time, stablecoin usage in payments and yield products continued to grow, indicating a decoupling between market sentiment and real-world crypto adoption.

The broader industry is also adapting to regulatory changes. In 2025, crypto firms like KuCoin made significant strides in regulatory alignment, securing licenses in Europe and Australia while launching initiatives to strengthen security and compliance. These developments are expected to shape the regulatory landscape in 2026, with stablecoin regulation playing a central role in market splits and risk dynamics according to Cointelegraph.

What Are Analysts Watching Next?

Analysts are closely monitoring how regulatory frameworks will impact stablecoin adoption and cross-border transactions in 2026. Maghnus Mareneck of Cosmos Labs noted that stablecoin regulation is likely to fuel growth rather than hinder it, as new issuers emerge from diverse sectors according to Cointelegraph. However, fragmented regulations could create operational challenges for traders and institutions.

The integration of stablecoins into traditional banking infrastructure is another area of focus. In Asia, experts predict that stablecoins will coexist with traditional systems rather than compete with them. This shift is expected to drive institutional adoption and further integrate crypto into mainstream financial flows. As the market evolves, the emphasis on security, transparency, and compliance will continue to define successful platforms and tokens.

The coming months will also see more fintech IPOs, as seen in 2025 with companies like Circle and Chime. A more relaxed regulatory environment, particularly under the current administration, has enabled fintech and crypto firms to secure banking partnerships and expand their services. These trends are expected to accelerate in 2026, as the industry moves toward greater institutional maturity and mainstream adoption.