Alchemy Pay, which is a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll, a modern Layer-2 scaling solution that improves Ethereum capabilities leveraging zero-knowledge tech and compatibility with Ethereum Virtual Machine. This integration enables users to acquire USDT and USDC on Scroll through the Alchemy Pay gateway. It allows persons to purchase these assets with more than 50 fiat currencies and several payment options in 173 countries.
We are thrilled to announce that #AlchemyPay now supports the @Scroll_ZKP network, integrating Scroll-USDT/USDC on our Fiat On-Ramp!With seamless fiat-crypto onboarding, we join forces 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 USDT and USDC Support via Scroll Integration
A new Layer 2 blockchain that developers of Ethereum created, Scroll is scalable, secure, and open-source and hosts Ethereum’s core values. The primary goal is to offer a way of scaling while still maintaining Ethereum’s basis in non-trusted security and decentralization.
Scroll will partner with Alchemy Pay since USDT and USDC are integrated into the Scroll ecosystem. To popularize these assets to users and developers, it will, ultimately enrich the ecosystem of Scroll and as a result, attract more users worldwide.
Alchemy Pay is present in 173 countries and accepts mainstream payment methods such as Visa and Mastercard as well as next directional buttons like Apple Pay and Google Pay. Alchemy Pay offers more than 300 channels. Not only is this good for avoiding high transaction fees but users can be assured of fast and safe transactions.
Alchemy Pay Expands Regulatory Reach with New Licences
As a leading payment gateway worldwide, Alchemy Pay has secured compliance licences in multiple jurisdictions including the United States, Canada, Indonesia, and Lithuania. The recent acquisition of a Money Transmitter Licencing by them in New Hampshire, plus their Authorised Payment Institution Licence for the UK, further verify Alchemy Pay’s global reputation. Also included among payment giants Visa and Mastercard, Alchemy Pay is officially listed as an official payment service provider.
The Scroll integration with Alchemy Pay is another big step in their history to offer seamless fiat-crypto payment solutions. Access to USDT and USDC by Alchemy Pay should kick start gains as a whole in these two of the more popular cryptocurrencies too, pushing their adoption forward integrally.
The cooperation with Scroll is part of the strategic expansion of Alchemy Pay’s comprehensive offer. It will bring new players and partners into the broader blockchain ecosystem. Together, they have opened ways to conquer problems in decentralized finance (DeFi) ease of use and cryptocurrency conversion.