Alchemy Pay, a prominent platform that provides a unique payment infrastructure for both crypto and fiat currencies, has recently announced a new partnership. According to Alchemy Pay, they have extended their support to Tether’s USDT and Circle’s USDC stablecoins on Celo, an EVM-compatible blockchain network that prioritizes mobile accessibility. The announcement of this collaboration was made on social media platform X.
Expanding on their existing partnership, Alchemy Pay is excited to offer direct access to Celo-native USDC and USDT using local fiat currencies and traditional fiat payment methods. This service is available in 173 countries with support for over 50 fiat currencies.
In addition to the X announcement, Alchemy Pay shared further details about this partnership in a comprehensive blog post. Celo has integrated both USDT and USDC tokens on its mainnet, allowing users to acquire these stablecoins on the platform using native and traditional fiat currencies.
This extension enables users within the Celo ecosystem to utilize USDT and USDC tokens. With Celo boasting over 1,000 collaborators across 150 jurisdictions, Alchemy Pay provides seamless access and unparalleled support for both new and experienced cryptocurrency enthusiasts looking to engage with Celo-USDT and Celo-USDC.
The collaboration between Alchemy Pay and Celo combines the unique features of both platforms to offer users an exceptional experience. Last year, Alchemy Pay introduced cUSD and CELO tokens onto their on-ramp platform, allowing users to interact with digital tokens easily and compliantly. Celo’s mobile-first blockchain aims to provide efficient and fast payments globally, with a focus on Ethereum compatibility and real-world solutions.
Celo’s platform is backed by a diverse community, including ecosystem partners like Deutsche Telekom, Opera, and Telefónica. Meanwhile, Alchemy Pay operates in 173 jurisdictions worldwide, offering a wide range of payment options, including conventional credit cards like Mastercard and Visa, as well as local mobile wallets. With over 300 native payment channels, Alchemy Pay ensures a seamless checkout experience for users.
Tags: ACH, USDC