Alchemy Pay, the world’s fastest-growing fiat-crypto payment gateway, has announced an exciting new partnership with Kontos. Kontos is the first user-focused omnichain infrastructure powered by zk technology. This collaboration aims to support the Kontos chain and bring Alchemy Pay’s On & Off Ramp Solution to its platform.
The partnership between Alchemy Pay and Kontos means that users can now easily purchase Kontos stablecoin, KUSDT, with their preferred payment methods in local currencies through the Kontos Wallet. Alchemy Pay’s support and direct deposit capabilities make it simple for users to access the on-ramps provided by Kontos. By selecting Alchemy Pay as their settlement institution and choosing their desired fiat currency, Kontos Wallet users can seamlessly buy KUSDT.
Additionally, users can purchase KUSDT on the Kontos network using Alchemy Pay and their Ramp platform. This partnership significantly enhances accessibility and functionality within the Kontos ecosystem.
Kontos stands out in the blockchain industry for its innovative use of zk technology to create a seamless omnichain ecosystem. By employing familiar concepts like chains, accounts, assets, and actions, Kontos simplifies the process of interacting with multiple blockchains, making it intuitive and user-friendly.
One of the key features of Alchemy Pay’s On-Ramp solution is its ability to support multiple blockchain networks and facilitate easy fiat purchases. With a presence in over 170 countries and support for more than 50 fiat currencies, Alchemy Pay enables the purchase of cryptocurrencies through over 300 global payment methods. This includes popular options like Visa, Mastercard, Apple Pay, Google Pay, as well as localized mobile wallets.
Alchemy Pay is committed to regulatory compliance and security, making it an ideal partner for Kontos. In line with the philosophy of blockchain self-custody, Alchemy Pay is continuously improving compliance and security measures. The company is also recognized and trusted by industry authorities such as Visa and Mastercard, further bolstering its credibility as a secure and reliable third-party payment service provider on a global scale.
Alchemy Pay is currently in the process of obtaining licenses for payment and financial services in multiple countries, including the UK, US, Canada, Indonesia, and Lithuania. This pursuit of licensing demonstrates Alchemy Pay’s commitment to operating within regulatory frameworks and providing its services to users around the world.
Overall, the partnership between Alchemy Pay and Kontos is a significant step forward in simplifying KUSDT purchases and making cryptocurrencies more accessible to global users.
