Alchemint is a hybrid-model decentralized stablecoin issuing platform based on NEO blockchain. It enables any individual or institution to issue stablecoins by collateralizing assets through smart contracts and cross-chain technology. Stablecoin has all the excellent features of the cryptocurrency while maintaining the price stability. The holders can conveniently send it to others or use it as a payment means for goods and services. Stablecoin is an essential medium for trading digital assets in exchanges.