Alchemy Pay, a prominent 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 acquire USDT and USDC on Scroll through the Alchemy Pay gateway, enabling individuals to purchase these assets with over 50 fiat currencies and multiple payment options across 173 countries.
Exciting news! #AlchemyPay now backs the @Scroll_ZKP network, integrating Scroll-USDT/USDC on our Fiat On-Ramp! Through seamless fiat-crypto onboarding, we collaborate 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 Adds USDT and USDC Support via Scroll Integration
Scroll, a new Layer 2 blockchain developed by Ethereum developers, prioritizes scalability, security, and open-source principles while upholding Ethereum’s fundamental values. Its main objective is to provide a scaling solution while preserving Ethereum’s commitment to trustless security and decentralization.
Partnering with Alchemy Pay, Scroll integrates USDT and USDC into its ecosystem to promote these assets to users and developers, enriching the Scroll ecosystem and attracting a larger user base worldwide.
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 Reach with New Licences
As a leading global payment gateway, Alchemy Pay holds 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 their journey to provide seamless fiat-crypto payment solutions. Access to USDT and USDC through Alchemy Pay is expected to boost the adoption of these popular cryptocurrencies, driving overall gains.
The collaboration with Scroll is part of Alchemy Pay’s strategic expansion to offer a comprehensive range of services. It aims to bring new players and partners into the broader blockchain ecosystem, addressing challenges in decentralized finance (DeFi) usability and cryptocurrency conversion.
Tags: ACH
