Alchemy Pay, the leading fiat-crypto payment gateway, has partnered with AltLayer, an open and decentralized protocol to launch native and restaked rollup stacks, to provide an efficient On and Off-Ramp solution within its ecosystem.
Developers and dApps on the platform can easily incorporate the On and Off-Ramp solution through Alchemy Pay's plugin. This enables users globally to buy and sell crypto effortlessly, using their preferred payment methods and wide range of local fiat currencies.
AltLayer is a leading rollup-as-a-service (RaaS) and the pioneer of restaked rollups.
The latter leverages AltLayer's proprietary technology and combines it with EigenLayer’s restaking mechanism to make roll ups more decentralized, secure, interoperable, and efficient.
Through this partnership, Alchemy Pay and AltLayer are teaming up to further explore blockchain technology, aiming for mass adoption with tailored rollup solutions and efficient On and Off-Ramp services.
Alchemy Pay's payment gateway enables Visa and Mastercard payments across 173 countries, as well as Apple Pay, Google Pay, various domestic transfers, and popular mobile wallets in emerging markets. With its robust support for more than 300 local payment channels, the gateway ensures high conversion rates, low fees, and streamlined KYC processes, aiding AltLayer in extending its global reach.

Significantly, Alchemy Pay has obtained numerous licenses associated with payment services in various countries including the UK, United States, Canada, Indonesia, and Lithuania. Demonstrating its legitimacy in the traditional payments space, Alchemy Pay has been recognized by Visa and Mastercard as an authorized third-party service provider. Its commitment to adhering to compliance and regulatory standards establishes it as a reliable fiat-crypto payment gateway, facilitating smooth transactions for both individual users and business partners.
About AltLayer
AltLayer is an open and decentralized protocol which accelerates the launch of rollups with optimistic and ZK rollup stacks. Its flagship product ‘restaked rollups’ has been an industry disruptor, unlocking the true value of rollups with enhanced security, decentralization, fast finality, and interoperability.
AltLayer's restaked rollups consist of three vertically-integrated 'Actively Validated Services' (AVS) titled MACH, VITAL, and SQUAD. These products leverage the permissionless nature of rollup stacks, and the principle of restaking, which allows networks to borrow economic security from Ethereum.
Built atop its protocol is a multi-chain, multi-VM compatible Rollups-as-a-Service (RaaS) launcher, a hassle-free platform allowing developers and beginners to spin up a customized rollup within 2 minutes!
Together, these products form the bedrock of a modular blockchain ecosystem - home to hundreds of thousands of rollups that can accelerate scaling for any Web3 application. Industries spanning the NFT sector, Web3 gaming, DeFi, real-world asset tokenization, and others leverage these rollups to scale their applications.
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Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/

On & Off-Ramp Enquiries
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact

Alchemy Pay, the leading fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account, and facilitate seamless conversions between fiat and cryptocurrency.
This fresh initiative, inspired by Ripple's model for cross-border payments, addresses key challenges while introducing innovative solutions. Web3 companies have long faced urgent needs and significant challenges in managing cross-border payments and transactions between fiat and cryptocurrencies. Although numerous products have been developed to tackle these issues individually, only a few have successfully managed to tackle both at the same time. With the launch of the Web3 Digital Bank, Alchemy Pay is taking a significant step forward in fulfilling these dual requirements simultaneously.
Leveraging its existing licenses and compliance capabilities, Alchemy Pay is well-positioned to introduce online payment and banking solutions for businesses within regulatory frameworks. The integration of Alchemy Pay's proven and user-friendly ramp product into its banking offerings allows for seamless conversions between fiat and cryptocurrencies within a single bank account. With extensive experience in crypto payments, Alchemy Pay is poised to deliver an advanced banking product that enables businesses to efficiently manage multiple fiat accounts and convert fiat into crypto through the same platform. In essence, Alchemy Pay has transformed into a true Web3 bank, expanding financial possibilities through its innovative banking system equipped with fiat-crypto conversion ramps.
The account opening feature offers a seamless solution for those seeking a multi-fiat currency account. Initially supporting EUR and USD, this feature enables smooth transitions between these two currencies. Leveraging Alchemy Pay's expertise and proficiency in bridging fiat and crypto, EUR and USD balances within this account can be instantly transferred to stablecoins like USDT and USDC, thereby elevating borderless finance to a whole new level and paradigm in this new market cycle.
The crypto world has witnessed significant developments in recent months. On May 20th, SEC asked exchanges to expedite 19B-4 filings for Spot Ether ETFs, increasing the odds of its approval. Earlier, on April 30th, the Securities and Futures Commission of Hong Kong granted approval and greenlit the official trading for the inaugural Bitcoin and Ether spot ETFs.
Echoing these thrilling progress that pushes cryptocurrency towards broad acceptance and brings a new wave of investment opportunities, the Alchemy Pay Web3 digital bank also acts as a central hub aiding Web2 companies interested in crypto industry investments. Through Alchemy Pay, companies are able to invest directly in their desired crypto targets through fiat currency as part of their corporate assets. Serving as the bridge between fiat and crypto global economies, Alchemy Pay is dedicated to offer real-world services that seamlessly link Web2 and Web3 for businesses and users worldwide, promoting a more inclusive and equitable financial landscape.
To date, Alchemy Pay steadily keeps building its extensive Web3 payment ecosystem by deeply integrating licensing resources and global compliance credentials. This strategy involves expanding alternative payment methods (APMs) globally to augment service capabilities and introducing a range of payment products designed for various market needs. With over 440 high-quality business partners and a track record of serving numerous prominent project partners across blockchains, exchanges, wallets, games, and DeFi like Polygon, Stellar, Arbitrum, ICP, TON, Celo, Lido, Trust Wallet, OKX, Bitget, etc., Alchemy Pay has facilitated seamless access to the crypto world for millions of users. 
Looking ahead, its newly developed banking products will further support enterprises venturing into the crypto field, solidifying its role in facilitating business transactions within the crypto sphere.
In recent, Alchemy Pay revealed its investment in LaPay UK Ltd, through which it secured an Authorized Payment Institution (API) License, regulated by the Financial Conduct Authority (FCA). This API license authorizes the undertaking of business operations such as remittance, payment processing, and account management within the UK. Alchemy Pay also announced its collaboration with Victory Securities (stock code: 8540. HK), the first licensed corporation approved by the Securities and Futures Commission (SFC) of Hong Kong to provide virtual asset trading and advisory services to retail investors, to optimize the investing journey for users, particularly in the recently listed Bitcoin and Ether spot ETFs in Hong Kong.

About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its On & Off Ramp solution, Crypto Card, Web3 Digital Bank, NFT Checkout, and Crypto Payments, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. The Web3 Digital Bank offers an innovative solution, allowing Web3 enterprises to open multi-fiat accounts and facilitating instant conversion between fiat and cryptocurrencies.

The leading fiat-crypto payment solution provider, Alchemy Pay, has made another significant progress by partnering with BounceBit, the first-ever native BTC Restaking chain pioneering CeDeFi, which just announced its official launch of the BounceBit Mainnet in May.
To support the general BTC restaking ecosystem, Alchemy Pay will provide seamless fiat on-ramp and crypto off-ramp for BounceBit's users, simplifying the onboarding process to acquire $BB , BounceBit's native token, as well as other token such as BTC/FDUSD/USDT. In the future, Alchemy Pay will be deeply integrated into the BounceBit Club ecosystem, ensuring easy access in various scenarios such as token swap. This move aims for enhancing users convenience, cater to BounceBit's vast community base and aids in attracting new users from around the globe.
The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit's native token – A dual-token system leveraging native Bitcoin's security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks.
BounceClub is an onchain Web3 universe that empowers users to customize, launch, and engage with decentralized applications. BounceClub owners can personalize their clubs by selecting from a variety of plugins available on the BounceBit App Store. This store features a wide range of plugins developed by ecosystem partners and developers, allowing owners to add Web3 applications without coding. Alchemy Pay will be available as one of the easily accessible apps, providing easy ramp solutions for club members.
Alchemy Pay has emerged as a key player in the crypto payment industry, specializing in solutions that bridge the gap between crypto and Web3 services and fiat payments for widespread accessibility. With over 300 fiat payment channels across 173 countries and regions, its ramps extend beyond cards and offer access to local mobile wallets by supporting 50+ fiat currencies. Drawing on its extensive experience in the crypto payment sector, Alchemy Pay has established strong partnerships with major networks and blockchains like Polygon, TON, Avalanche, ICP, and Arbitrum, as well as platforms and services including Binance Pay, OKX, and Bitget.
As a leading payment gateway, Alchemy Pay has obtained a lot of compliance licenses across countries and regions over the world, including the United States, Canada, Indonesia, and Lithuania. The recent acquisitions of a Money Transmitter License in New Hampshire and an Authorised Payment Institution License in the UK solidify Alchemy Pay’s position as a trusted player worldwide. Being recognized by payment giant Visa and Mastercard, Alchemy Pay also has been officially listed as an official payment service provider. 

About BounceBit  
BounceBit is pioneering CeDeFi with the first-ever native BTC Restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility.
In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.

Try Alchemy Pay On & Off-Ramp
Try our On & Off Ramp to buy and sell crypto and local fiat currencies today
https://ramp.alchemypay.org/

On & Off-Ramp Enquiries 
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact

Core, a Bitcoin-powered, EVM-compatible L1 blockchain that combines delegated Proof-of-Work and delegated Proof-of-Stake, has integrated Alchemy Pay as a ramp service provider within its ecosystem for easy fiat-crypto onramping and offramping. Both developers and users within the Core ecosystem can now easily access Alchemy Pay's On & Off-Ramp services through the platform's "Explore-Ecosystem" portal, specifically under the "Ramp" category. Now, Core users throughout the world can conveniently buy and sell crypto directly with their preferred local fiat currency methods.
This collaboration also includes the integration of Core's native token $CORE on Alchemy Pay Ramp platform, which expands accessibility and enhances user experiences for those seeking to interact with $CORE through fiat payments. 
Core is a Bitcoin-powered, Bitcoin-aligned, EVM-compatible layer 1 blockchain built around a unique consensus mechanism called "Satoshi Plus", which unites Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS). Through this combination, Core Chain incorporates Bitcoin miners in the security of Turing-complete smart contracts, unlocks the functionality and utility of those miners beyond the simple maintenance of the Bitcoin ledger, and provides them with purely additive supplemental income in the form of CORE token rewards. 
Alchemy Pay's On-Ramp is highly regarded for its great compatibility across multiple blockchain networks and its ability to facilitate straightforward fiat-based purchases. With operations spanning across 173 countries and backing over 50 fiat currencies, Alchemy Pay's global reach ensures users can procure cryptocurrencies through a selection of 300+ global payment methods. These include well-known options such as Visa, Mastercard, Apple Pay, and Google Pay, alongside localized mobile wallets and domestic bank transfer. This robust payment infrastructure guarantees Core users of a smooth checkout process for transactions involving fiat and cryptocurrencies.
To expand its range of services, boost transaction success rates, and streamline operational processes, Alchemy Pay is actively pursuing licenses in numerous countries and regions. These include various states within the United States, the UK, Canada, Indonesia, and Lithuania, with plans for acquiring over 20 licenses in upcoming locations such as Hong Kong, the U.S., and Singapore. This strategic pursuit underscores Alchemy Pay's commitment to compliance and regulatory standards, further solidifying Alchemy Pay's leading position within the crypto payment sector.
About Core
The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-Compatible smart contracts. With ~55% of Bitcoin mining hash power contributing to Core’s security in exchange for unlocking Bitcoin utility and rewards, Core Chain is the most Bitcoin-aligned EVM blockchain (BTCfi, Bitcoin staking, and more).
Try Alchemy Pay On & Off-Ramp
Try our On & Off Ramp to buy and sell crypto and local fiat currencies today
https://ramp.alchemypay.org/
Enquiries for Plugin & API Integration
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via email at ramp@alchemypay.org or the website https://alchemypay.org/contact