Per Woofun AI, Alchemy Pay has secured a Currency Transmitter License in Illinois, marking a significant expansion of its regulatory footprint within the United States. As a jurisdiction anchored by Chicago, a global financial hub, Illinois represents a critical market for fintech and digital asset development.

This approval elevates the total number of state-level remittance licenses held by Alchemy Pay to 18. The enhanced compliance framework reinforces operational capabilities in the core US market and provides foundational support for the continued development of Alchemy Chain, the company's stablecoin payment public chain.