Alchemy Pay, a prominent 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 compatibility with the Ethereum Virtual Machine. This integration allows users to purchase USDT and USDC on Scroll using the Alchemy Pay gateway. With access to over 50 fiat currencies and multiple payment options across 173 countries, individuals can easily acquire these assets.
Exciting news! #AlchemyPay now backs the @Scroll_ZKP network, incorporating Scroll-USDT/USDC on our Fiat On-Ramp! By streamlining fiat-crypto onboarding, we collaborate 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
Alchemy Pay Adds Support for USDT and USDC via Scroll Integration
Scroll, a new Layer 2 blockchain developed by Ethereum developers, prioritizes scalability, security, and open-source features while upholding Ethereum’s core principles. Its main objective is to provide a scaling solution while preserving Ethereum’s commitment to secure, decentralized operations.
Given that USDT and USDC are now part of the Scroll ecosystem, Alchemy Pay will collaborate with Scroll to promote these assets to a wider audience of users and developers. This partnership will enrich the Scroll ecosystem and attract 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 quick and secure transactions.
Alchemy Pay Expands Regulatory Compliance with New Licenses
As a leading global payment gateway, Alchemy Pay holds 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 further solidifies its 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 offer seamless fiat-crypto payment solutions. Access to USDT and USDC through Alchemy Pay is expected to drive increased adoption and growth for these popular cryptocurrencies, advancing their usage in the market.
Through their collaboration with Scroll, Alchemy Pay continues to expand its comprehensive offerings strategically, attracting new participants and partners to the broader blockchain ecosystem. Together, they are addressing challenges in decentralized finance (DeFi) usability and cryptocurrency exchange.
Tags: ACH