Alchemy Pay, a renowned solution for processing fiat-crypto payments, has expanded 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 now allows users to access USDT and USDC on Scroll via the Alchemy Pay gateway, enabling individuals to purchase these assets with over 50 fiat currencies and various payment options in 173 countries.
Exciting news! #AlchemyPay has officially integrated with @Scroll_ZKP, bringing Scroll-USDT/USDC to our Fiat On-Ramp! With a seamless fiat-crypto onboarding experience, we are collaborating with #Scroll to enhance accessibility for users and developers worldwide pic.twitter.com/TUBnJYSikD — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 5, 2024
The integration of USDT and USDC on Scroll is a significant development for Alchemy Pay, as Scroll is a new Layer 2 blockchain created by Ethereum developers that prioritizes scalability, security, and openness while upholding Ethereum’s core principles of trustless security and decentralization. By partnering with Alchemy Pay, Scroll aims to promote the adoption of these assets among users and developers, enriching the overall ecosystem and attracting a broader user base globally.
With a presence in 173 countries, Alchemy Pay accepts major payment methods like Visa and Mastercard, as well as digital wallets such as Apple Pay and Google Pay. Offering over 300 payment channels, Alchemy Pay not only ensures low transaction fees but also guarantees fast and secure transactions for users.
In addition to expanding its support for USDT and USDC, Alchemy Pay has also obtained regulatory licenses in multiple jurisdictions, including the United States, Canada, Indonesia, and Lithuania. Recent acquisitions of a Money Transmitter License in New Hampshire and an Authorized Payment Institution License in the UK further solidify Alchemy Pay’s reputation as a global payment gateway, recognized alongside industry giants like Visa and Mastercard.
The collaboration with Scroll marks a significant milestone in Alchemy Pay’s mission to provide seamless fiat-crypto payment solutions. By offering access to USDT and USDC, Alchemy Pay aims to drive adoption of these popular cryptocurrencies and enhance the overall user experience. This strategic partnership with Scroll not only expands Alchemy Pay’s offerings but also paves the way for addressing challenges in decentralized finance (DeFi) and simplifying cryptocurrency conversions.
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