Alchemy Pay, a renowned fiat-crypto payment processing solution, is broadening its support by integrating with Scroll, a cutting-edge Layer-2 scaling solution that enhances Ethereum capabilities through zero-knowledge technology and compatibility with the Ethereum Virtual Machine. This integration allows users to access USDT and USDC on Scroll via the Alchemy Pay gateway, enabling them to purchase these assets with over 50 fiat currencies and various payment options in 173 countries.
Exciting news! #AlchemyPay is now backing the @Scroll_ZKP network, incorporating Scroll-USDT/USDC on our Fiat On-Ramp! By streamlining fiat-crypto onboarding, we are collaborating with #Scroll to enhance accessibility for users and developers worldwide.
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— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay)
June 5, 2024
Alchemy Pay Expands Support for USDT and USDC through Scroll Integration
Scroll, a novel Layer 2 blockchain developed by Ethereum developers, prioritizes scalability, security, and open-source principles while upholding Ethereum’s core values. The primary objective is to provide a scaling solution while preserving Ethereum’s foundation in trustless security and decentralization.
In light of the integration of 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 wider user base globally.
Operating in 173 countries, Alchemy Pay accepts popular payment methods like Visa, Mastercard, Apple Pay, and Google Pay, offering over 300 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. Their recent acquisition of a Money Transmitter License in New Hampshire and an Authorized Payment Institution License in the UK further solidify Alchemy Pay’s global standing. 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 adoption and growth in these popular cryptocurrencies, advancing their integration.
The collaboration with Scroll is part of Alchemy Pay’s strategic expansion efforts to offer a comprehensive range of services. This partnership aims to attract new players and partners to the broader blockchain ecosystem, addressing challenges in decentralized finance (DeFi) usability and cryptocurrency conversion.
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