Alchemy Pay, a renowned fiat-crypto payment processing solution, has broadened its support by integrating with Scroll, a cutting-edge Layer-2 scaling solution that enhances Ethereum capabilities through zero-knowledge technology and Ethereum Virtual Machine compatibility. This collaboration allows users to access USDT and USDC on Scroll via the Alchemy Pay gateway, enabling the purchase of these assets with over 50 fiat currencies and multiple payment options in 173 countries.
Exciting news! #AlchemyPay is now compatible with @Scroll_ZKP network, offering Scroll-USDT/USDC integration on our Fiat On-Ramp! By streamlining fiat-crypto transactions, we are teaming up with #Scroll to improve accessibility for users and developers globally pic.twitter.com/TUBnJYSikD — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 5, 2024
Alchemy Pay Expands Support for USDT and USDC through Scroll Integration
Scroll, a new Layer 2 blockchain developed by Ethereum developers, prioritizes scalability, security, and open-source principles while upholding Ethereum’s core values of trustless security and decentralization. By integrating USDT and USDC into the Scroll ecosystem, Scroll will collaborate with Alchemy Pay to promote these assets to users and developers, enriching the Scroll ecosystem and attracting a larger global user base.
Operating in 173 countries, Alchemy Pay accepts popular payment methods like Visa, Mastercard, Apple Pay, and Google Pay, offering over 300 payment channels. This not only helps users avoid high transaction fees but also ensures fast and secure transactions.
Alchemy Pay Expands Regulatory Compliance with New Licenses
As a leading global payment gateway, Alchemy Pay has obtained compliance licenses in various jurisdictions, including the United States, Canada, Indonesia, and Lithuania. Recently acquiring a Money Transmitter License in New Hampshire and an Authorized Payment Institution License in the UK, Alchemy Pay’s global reputation is further solidified. Listed alongside payment giants Visa and Mastercard, Alchemy Pay is recognized as an official payment service provider.
The integration of Scroll with Alchemy Pay marks a significant milestone in providing seamless fiat-crypto payment solutions. Access to USDT and USDC through Alchemy Pay is expected to drive increased adoption of these popular cryptocurrencies, advancing their usage significantly.
The collaboration with Scroll is a strategic move to expand Alchemy Pay’s comprehensive offerings, attracting new participants and partners to the broader blockchain ecosystem. Together, they are addressing challenges in decentralized finance (DeFi) usability and cryptocurrency conversion, positioning themselves as key players in the evolving digital landscape.
Tags: ACH