Alchemy Achieves 66% Reduction in Delay for Stablecoin Transactions

Stablecoins are set to become faster, with improvements in transaction speeds that could rival traditional finance systems like Visa and Mastercard. Key points include:

• Alchemy has achieved a 66% reduction in delays across crypto transaction networks.
• The new Cortex Engine architecture reduces average response times from 300-400 milliseconds to under 50 milliseconds.
• This enables instant settlement experiences comparable to traditional payment systems.
• Throughput capabilities have increased to hundreds of thousands of requests per second, enhancing scalability for large applications.
• Alchemy supports major stablecoin issuers but does not directly support Tether Holdings Ltd.
• User feedback indicates noticeable speed improvements following the rollout.

These advancements position stablecoins to handle significant payment volumes effectively, further integrating them into the financial ecosystem.