Alchemy Pay is pushing deeper into Latin America after striking a partnership with dLocal (NASDAQ: DLO), and the first visible change will be instant bank transfers in Argentina. The deal plugs Alchemy Pay into dLocal’s local payment rails and USD settlement plumbing, and it’s designed to make buying and selling crypto with pesos feel a lot less like a hassle.
Put simply, instead of waiting for slow cross-border rails or paying steep fees, people in Argentina will be able to move between fiat and crypto faster and in their local currency. That’s the point of the integration: local payment infrastructure on the backend, local currency on the frontend, and fewer ugly surprises for users and merchants.
Alchemy Pay already supports fiat payments in 173 countries with more than 300 payment methods. Adding dLocal’s regional know-how is a logical next step: it gives Alchemy Pay a way to scale compliant on- and off-ramps across Latin America without rebuilding local payment relationships from scratch. dLocal’s “One dLocal” approach, one API, one platform, one contract, means global companies can accept payments and settle funds in emerging markets more easily, and Alchemy Pay gets to lean on that instead of trying to replicate it.
Faster Access to Crypto
This partnership isn’t just about instant transfers in one country. It plugs into a broader Alchemy Pay ecosystem that includes a Web3 Digital Bank for multi-fiat accounts and instant fiat-crypto conversions, an NFT Checkout that lets customers buy NFTs directly with fiat, and a newly launched RWA platform that opens tokenized real-world assets, like U.S. stocks and ETFs, to users who want to invest with local currency. Combine those products with dLocal’s local rails and settlement capabilities, and you get a smoother, more integrated experience for regional users and the merchants who serve them.
For platforms and dApps that already integrate Alchemy Pay, this should make user onboarding cleaner: people who prefer to transact in their own currency won’t have to jump through costly or time-consuming hoops to access digital assets. For Alchemy Pay, it’s another step toward making fiat-crypto flows feel as routine as any other online payment.
Founded in 2017, Alchemy Pay positions itself as that bridge between traditional finance and crypto. Its network token, ACH, runs on Ethereum, but the company’s bigger play is payments, and with dLocal’s reach across APAC, the Middle East, Latin America and Africa, the partnership feels like a practical move to bring modern payment efficiency to markets where crypto adoption is growing fast.
This isn’t an overnight transformation, but it’s a clear push to remove friction where it matters most: locally, in local currency, and with local settlement. For users in Argentina and potentially other Latin American markets down the line, that should mean faster access to crypto and fewer headaches when moving money between fiat and digital assets.
