EthCC in Brussels last week brought together crypto’s biggest and most enthusiastic community. With hundreds of networking events sprawling out across the Belgian capital and the main event itself, it was a powerful display of the fervour and support that Ethereum still commands.
With usability and accessibility at the forefront of the event, this was the year’s most important gathering for smart contract and DeFi developers this year. Representatives from Alchemy Pay’s Europe and Asia teams were there to meet peers and partners in the fiat-crypto payment space, Web3 developers, and also to remain up to date on the very latest developments.
Alchemy Pay Presents the 2024 Fiat-Crypto Landscape
A highlight of the event for Alchemy Pay was our presentation at the official EthCC event given by our Ecosystem Lead, Robert McCracken. With “Bridging the Fiat and Crypto Economies: Payments & Progress in 2024,” Robert delivered an address that explored the developments of on & off ramp providers in the wider context of crypto, tradfi, and regulators.
Recent years have been considered a crypto winter in one sense but, with the launch of our new services such as the Crypto Card, Multi-Fiat bank accounts, and fiat currency exchanges, it is clear that there has been a consistent coming together of web3 and traditional payments. Mastercard’s push for the launch of web3 cards and Visa’s continued trialling of the ERC 4337 Paymaster to abstract gas fees were highlighted.
Vitalik Excites Devs at AltLayer Rollup Day
Alchemy Pay’s team also found time to meet with many new and established projects at this year’s packed out Rollup Day organised by our recent integration partner, AltLayer. The day featured a talk by Ethereum co-founder Vitalik Buterin. His vision for a more resilient and accessible Ethereum network utilising layer-2 chains and multisig wallets was inspiring. The keynote was a demonstration of the importance and impact of positive and respected figures in a space that so often lacks a human touch’s continued influence and thought leadership in the crypto space.
Apps and Intellectual Property in Focus
As Farcaster’s daily active users hit an all-time high for seven-day trailing average at around 67,000 at the time of EthCC, it was a good marker to show the importance of usable apps for the Ethereum ecosystem. Many events and speakers focused on the importance of apps that are so good that they cross over to the mainstream. There is a sense that the infrastructure — including Alchemy Pay’s fiat-crypto services — can now fully support Ethereum devs in adaptive and versatile ways. What is still missing is the mainstream friendly array of apps that Web2 users currently enjoy.
Also at the event was discussion of intellectual property on chain. There was some excitement around the 16z-backed Story Protocol which announced it would be launching the world’s first intellectual property blockchain with its new Story network. The chain will let creators upload their intellectual property to the blockchain, where they can then set the terms for how the intellectual property can be used and monetized.
Alchemy Pay Supports Web3 Ethos
Throughout the busy week of events, our team found devs keen to integrate our fiat-crypto onboarding services which can provide them with global payment standards such as Mastercard, Visa, Google Pay, and Apple Pay in 173 countries. Alchemy Pay’s peerless support for low cost, secure domestic bank transfers and fiat mobile wallets as well as the Crypto Card Solution that can help build out their brand and functionality.
A fantastic event in Brussels! Next Stop: WebX 2024 in Tokyo, Japan — see you there!
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 offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, 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. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

In May, Alchemy Pay set an exciting venture into our new product the Web3 Digital Bank. As a pivotal player in the fiat-crypto payment sphere and a trusted provider of payment solutions, our focus remains squarely on facilitating seamless transactions between fiat and crypto. Whether it's our On & Off-Ramp solution, crypto card, or the upcoming web3 digital bank, every innovation is driven by a deep understanding of our users' and clients' needs.
In addition to facilitating account opening, the Alchemy Pay Web3 Digital Bank also enables enterprises to engage in compliant crypto asset investment. With the increasing mainstream adoption of cryptocurrencies, they are emerging as premium assets, prompting numerous businesses to explore investment opportunities in this sphere. 
Through our solution, enterprises can seamlessly invest in crypto assets with the potential for significant gains tailored to their specific requirements. Moreover, Alchemy Pay’s Web3 Digital Bank offers the flexibility to convert crypto assets back into fiat currency, allowing for efficient management within their accounts.
Crypto Investment Needs for Businesses
With the widespread adoption of cryptocurrency and the pivotal events driving its integration into mainstream finance, cryptocurrencies have undeniably forged stronger connections with traditional financial systems. As of now, the SEC has approved the spot ETFs for Bitcoin and Ether (19b-4 filing), marking a significant milestone in the crypto industry. Additionally, key markets such as Hong Kong have officially commenced trading spot ETF products. This positive trend is unfolding globally, and these approvals open up additional investment prospects and drive cryptocurrency closer to widespread acceptance.
But this transformation was underway well before the introduction of spot ETFs in both the United States and HongKong in 2024. On the consumer front, numerous established brands are now embracing cryptocurrencies as a means of purchasing goods, presenting them as an optional payment method for their consumers.
From a corporate standpoint, companies are increasingly turning to cryptocurrency investments as a means of generating revenue and diversifying their asset portfolios. A notable example is Michael Saylor's MicroStrategy, which currently holds a substantial 205,000 bitcoins. Saylor has pursued an active investment strategy in the cryptocurrency market, resulting in a remarkable 675% increase in Bitcoin's value since his initial purchases. This strategic move has significantly bolstered MicroStrategy's share price and market capitalization.
Another illustrative case is Warren Buffett's Berkshire Hathaway, which allocated $750 million in 2021 to Brazilian fintech company Nu Holdings. Nu Holdings' subsidiary, Nubank, operates as the largest digital bank in Latin America and is notably crypto-friendly. Nubank allows individual users to buy, sell, and hold cryptocurrencies directly through its platform, and also facilitates investments in crypto-related ETFs. In 2023, Nu Holdings shares surged by an impressive 93%, marking it as Warren Buffett's top-performing investment for that year.
Alchemy Pay’s Cutting-edge Crypto Investment Solutions
The above case illustrates the widespread need for Web2 businesses to engage in cryptocurrency investments, driven by the allure of substantial returns. However, for traditional businesses, navigating the realm of crypto asset investment poses a significant challenge. Existing solutions predominantly cater to individual users, often falling short in accommodating the financial volumes required by businesses.
Addressing this challenge head-on, Alchemy Pay's Web3 Digital Bank endeavors to alleviate this pain point for enterprises. From initiating cryptocurrency investments to seamlessly converting back to fiat currency, all transactions can be executed within a unified account and interface. This integrated approach streamlines operations, offering businesses a user-friendly platform to effectively manage their funds.
Multi-fiat currency Account Opening: Alchemy Pay enables compliant Web2 enterprises to establish an online virtual account by completing a Know-Your-Business (KYB) certificate. This account functions as a multi-fiat account supporting euros and dollars, facilitating seamless currency conversion between the two. Plans are underway to incorporate additional major fiat currencies, alongside an expansion of supported countries and regions.All-in-One Platform: Within the account, both fiat currencies can be effortlessly converted to stablecoins like USDT and USDC, consolidating the platform as a comprehensive hub for crypto investments.Robust Security Measures: Alchemy Pay holds licenses and adheres to regulatory standards in Europe, ensuring the utmost protection for every investment. Furthermore, our operational model refrains from holding funds or assets in escrow, granting companies greater autonomy over their assets.Established Expertise with 7+ Years: With a foundation dating back to 2017, Alchemy Pay has emerged as a leading expert in crypto payments. Our expertise extends beyond online services, encompassing offline crypto payment acceptance systems as well as Ramp and card services. Leveraging our extensive experience in both crypto and traditional payments, we are committed to assisting businesses in compliant crypto asset investment, fostering their sustainable growth.
In Conclusion
Alchemy Pay's Web3 Digital Bank offers tailored solutions crafted to deliver a seamless, user-friendly experience for enterprises seeking hassle-free online multi-currency account opening and crypto investment services for compliant Web2 companies. Through our bank account services, enterprises gain the capability to securely purchase and retain cryptocurrencies as part of their corporate assets, empowering them with greater financial flexibility and control.
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 offerings including On & Off Ramp, 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. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Alchemy Pay, the world-leading fiat-crypto payment solution provider, has announced a significant update to its crypto payment business, aimed at optimizing the overall user flow for seamless and efficient crypto transactions and acceptance. 
The updated crypto payment process is more streamlined and user-friendly. Alchemy Pay now supports users connecting their exchange and brokerage accounts such as Coinbase, Kraken, and Robinhood to pay for orders using their crypto balances. This also enables merchants to accept crypto payments through these methods.
11 exchanges are already supported, including Kraken, KuCoin, Paxos, OKX, Bybit, Coinbase, Coinbase Prime, Robinhood, Binance, BinanceUS and Huobi. Major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC are supported, providing users with flexible payment options.
Additionally, users can choose to pay with cryptocurrency after placing an order at a merchant integrated with Alchemy Pay. They can transfer crypto to the address provided by Alchemy Pay to complete the payment. 
This crypto payment solution enables merchants globally to accept cryptocurrency payments, attracting new customers while avoiding high fees and chargebacks. Since its inception, Alchemy Pay has specialized in crypto payments, and now, with a more experienced team, it has refined its services to better cater to both online and offline merchants looking to add crypto payment options. The latest update further enhances the user experience, making it easier and more efficient for businesses and customers alike.
Already trusted by Polygon, Arbitrum, TON, ICP, Binance, OKX, Bitget, etc., Alchemy Pay has established itself as a specialist in the crypto payments industry, giving crypto access to fiat payments for mainstream accessibility. Serving numerous online and in-store merchants, as well as partners in the crypto industry, Alchemy Pay offers innovative solutions such as On & Off-Ramp, Crypto Card Solution, NFT Checkout, and Crypto Payments, with 6 compliant licenses held across 4 countries.
Operating across 173 countries and supporting over 50 fiat currencies, Alchemy Pay has more than 300 fiat payment channels. These channels allow crypto services, DApps, and networks to onboard users with popular local and global mobile wallets, as well as traditional card and bank transfer payments.

Crypto Payments Enquiries 
Developers of Web3 platforms, dApps, and merchants with interest in integrating Alchemy Pay’s Crypto Payments solution can contact via the website https://alchemypay.org/contact
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 offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, 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. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.
 Mastercard’s identity solutions enable organizations to verify and authenticate genuine consumers. Its account opening solution leverages advanced machine learning to help organizations identify genuine consumers and fraudulent actors during the application process. In partnership with Mastercard, Alchemy Pay can identify users based on their risk levels and guide them through corresponding workflows.
The integration of Mastercard’s account opening API enhances the security identification and risk control features across Alchemy Pay's diverse product offerings, including On & Off-ramp solutions, NFT Checkout, and its Crypto Card Solution. By leveraging these advanced capabilities, Alchemy Pay’s customers will benefit from increased protection against identity fraud and the mitigation of potential malicious activities.
To date, Alchemy Pay's ramp payment network has grown to encompass more than 300 payment channels spanning 173 countries, supporting over 50 fiat currencies. This positions Alchemy Pay as an expert in delivering solutions that facilitate mainstream accessibility to fiat payments for crypto and Web3 services. Additionally, Alchemy Pay accommodates global payment methods widely used by everyday users as well as regional mobile wallets and local bank transfers preferred in specific regions.
Leveraging rich experience in traditional finance and fintech payments, the Alchemy Pay team has demonstrated a strong record in obtaining Authorized Payment Institution licenses across different countries and regions, including the United States, Canada, Indonesia, and Lithuania. Recently, Alchemy Pay secured a license in the UK, showing its leadership in the crypto payment sector.
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 Apps 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. ACH is the Alchemy Pay network token on the Ethereum blockchain.

 

On & Off-Ramp Integrations
Celo: Alchemy Pay Extends Support to USDC and USDT
 With Circle’s USDC and Tether’s USDT both natively deployed on Celo mainnet, Alchemy Pay now facilitates the acquisition of USDC and USDT on Celo via local fiat currencies and regular fiat payments, available in 173 countries with 50+ fiat currencies supported. The integration expands access to a wide array of Celo-native USDC & USDT use cases such as on-chain savings, lending, remittances, peer-to-peer (P2P) and cross-border payments.

Strategic Partnership Agreement with Danal & Danal Fintech
AlchemyPay, Danal, a leading integrated payment business company, and Danal Fintech, the largest virtual asset payment service in Korea, announced the signing of a strategic partnership agreement.
Scroll Network Launches On-Ramp
Scroll network, a next-generation Layer-2 solution for Ethereum integrates Alchemy Pay’s ramp for USDT and USDC on Scroll. This allows users to acquire these assets via 50+ fiat currencies using their preferred payment methods across 173 countries.
Alchemy Pay and ETC Grants DAO Partner to Support Compliant Fiat On-Ramp for ETC
Alchemy Pay has partnered with ETC Grants DAO (EGD), enabling users to purchase $ETC directly using various mainstream fiat payment methods and currencies through its fiat on-ramp solution. This will simplify the process for users to acquire $ETC in a compliant and convenient manner.
Linea’s FOXY Culture Coin Lands on Alchemy Pay
FOXY, one of the most in-trend memecoins serving as the mascot on Linea, is now available on Alchemy Pay for easy purchase through fiat. Foxy is the first “culture coin” on Linea, blending a memecoin with a community hub to promote cultural growth within the ecosystem. Exclusively available on the Linea blockchain, an L2 network built on Ethereum and supported by ConsenSys.
StiCash Launched Alchemy Pay On and Off-Ramp Solution
StiCash, a wallet that allows users to send cash and rewards globally, has introduced Alchemy Pay’s On and Off-Ramp solution to its wallet. StiCash makes sending and receiving money a seamless and enjoyable fun experience with the gift and reward mechanism.
Plume Partners with Alchemy Pay’s Referral Program
Plume, the modular RWA L2 designed for onboarding RWA projects, has entered into a partnership with Alchemy Pay’s referral program, which will enable businesses to trial the ramp service for free, allowing them to assess suitability before an official integration.
Hotcoin Integrates Alchemy Pay On-Ramp
Hotcoin, has launched Alchemy Pay’s fiat-crypto On-Ramp solution, accessible under the “Buy Crypto’’ menu. This integration offers seamless access for both crypto enthusiasts and newcomers, allowing users to purchase cryptocurrencies directly using their preferred fiat payment methods within the Hotcoin exchange.
$WUSD Stablecoin by WSPN Payment Now Supported
WUSD, the stablecoin created by WSPN Payment, is now available on Alchemy Pay’s fiat On-Ramp. Users can easily acquire WUSD on Ethereum via fiat payments across 173+ countries.
Product Updates
Alchemy Pay Expands Local Bank Transfer Support in Africa
Greater access to crypto in Africa! #AlchemyPay introduces new payment channels in 9 African countries, empowering users to buy cryptocurrency with their local fiat currencies through local bank transfers.
Community Contests & Quizzes
UEFA Euro 2024: Celebrate Goals with Alchemy Pay
To celebrate this summer’s UEFA Euro Championship tournament Alchemy Pay has been running one of our biggest and most fun contests yet. Check out more here:

UEFA Euro Legends

UEFA Euro Quiz

UEFA Euro Guessing Game

UEFA Euro Memathon

UEFA Euro Blurry Puzzle

Be Rewarded with the Alchemy Pay SVIP Program
Presenting our new SVIP Program! A rewards program is based on an incentive system, where you can earn points or roles by completing various community activities. This is a big thank you to the most active members of our community. Members can participate either on Telegram or Discord.
Discover
The Rise of Crypto Payments: How Alchemy Pay is Riding This Transformative Wave
Learn how the traditional financial tech scene has been buzzing with excitement as big players like PayPal, Mastercard and Stripe dive headfirst into the world of blockchain and crypto payments. We take a closer look at these developments and see what they mean for the future of payments and Alchemy Pay.
Offline & Online Events
Money 20/20 Amsterdam Bridges Tradfi and Defi
Alchemy Pay’s Product Development and Compliance Teams joined Europe’s premiere finance event, Money 20/20. This year’s event was in Amsterdam and was an enormous success and demonstrated the evolution of finance and payments.
Upcoming EthCC in Belgium
Join us at the highly anticipated EthCC in Belgium! From July 8th to 9th, visit Alchemy Pay’s booth at A/W2 to discover the latest crypto payment solutions and engage in insightful discussions with our team.
Discord Community AMA
Ecosystem Lead Robert McCracken joined our Community AMA this month and answered your latest questions about Alchemy Pay’s progress and the wider crypto development. Don’t miss the next one in July! Discord: discord.gg/alchemypay
TON Joins Alchemy Pay for an X Space
Don’t miss out on this thrilling chat event with TON blockchain! Join us as we delve into the future of Web3 and more. AlchemyPay now enables instant USDt purchases on TON using various fiat currencies.
CoreDAO Hosts Alchemy Pay on X Space
Our Ecosystem lead Robert McCracken joined Belle from CoreDAO to discuss the plans of the new chain that leverages Bitcoin security, as well as how Alchemy Pay supports payment infrastructure.
METIS X Space
Fresh from the new ramp integration, Alchemy Pay hosted new ecosystem partners for this fascinating and energising discussion.
Learn 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 the website https://alchemypay.org/contact

Alchemy Pay, the leading fiat-crypto ramp solution provider, has launched several new payment channels across Africa. This strategic expansion is designed to provide African users with greater access and convenience in purchasing cryptocurrency using their local currencies and localized payment method.
Supported Countries and Currencies
Users in 9 African countries can now utilize their local fiat currencies to purchase crypto via local bank transfers. The supported countries and corresponding currencies are as follows: Botswana (BWP), Cameroon (XAF), Kenya (KES), Malawi (MWK), Nigeria (NGN), Rwanda (RWF), Tanzania (TZS), Uganda (UGX), Zambia (ZMW).
Enhancing Accessibility and Convenience Across Africa
The addition of these new payment channels is part of Alchemy Pay's commitment to making cryptocurrency accessible to a broader audience. By enabling local bank transfers, users can now purchase crypto with ease, leveraging the local financial infrastructure they are already familiar with. This effort is particularly significant in regions where access to global financial systems can be challenging.
What This Means For African Users
Localized Support: By supporting local currencies and banking systems, Alchemy Pay reduces the friction often associated with cross-border transactions and currency conversions. The localized support leads to higher success rate and lower the potential fees. Economic Inclusion: This expansion aligns with Alchemy Pay's goal to promote financial inclusion by providing more people with the tools needed to participate in the digital economy.Better User Experience: The ability to use local bank transfers for crypto purchases simplifies the process, making it more user-friendly and accessible to those who may be new to the world of cryptocurrencies.
Alchemy Pay’s Commitment to Global Reach
Alchemy Pay continues to work towards expanding its global reach, aiming to provide a crucial payments bridge between traditional finance and the global crypto economies. With an expansive payment network across 173 countries, it provides access to an impressive selection of over 300 fiat payment channels. This latest expansion into the African market is a testament to its dedication to providing seamless and efficient payment solutions worldwide, especially in the emerging markets with high demand like Africa. 
By introducing new payment options and simplifying the onboarding process, Alchemy Pay enables an increasing number of users to access and engage with cryptocurrencies. Apart from expanding the presence in new markets, Alchemy Pay also committed to empower individuals and businesses in these regions to participate in the crypto economy more effectively. By continuously enhancing payment infrastructure, Alchemy Pay aims to support the dynamic and rapidly growing crypto ecosystem, ensuring it remains inclusive and accessible to all.
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 offerings including On & Off Ramp, 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. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Lately, the traditional financial tech scene has been buzzing with excitement as big players like PayPal, Mastercard and Stripe dive headfirst into the world of blockchain and crypto payments. These industry giants are recognizing the game-changing potential of this technology and making some serious moves to integrate it into their payment systems.
Let’s take a closer look at these developments and see what they mean for the future of payments. At Alchemy Pay, we’re thrilled about these advancements, as they highlight the growing acceptance and potential of crypto payments as a secure and efficient alternative to traditional financial transactions.
PayPal Expanded its Stablecoin to Solana
On May 29th, at Consensus 2024, PayPal announced that its stablecoin, PayPal USD (PYUSD), is now live on the Solana blockchain, nine months after its initial launch on the Ethereum mainnet.
In an open letter, PayPal stated, “As we discussed in our inaugural post ‘Pay How You Want,’ we believe crypto provides an opportunity to innovate certain high-opportunity segments of today’s payment rails.”
With this move, crypto users can now use their $USDC to pay across over 1.3 million active websites globally. This means PayPal is bringing us closer to making everyday purchases via Solana’s blockchain.
Mastercard Launched Blockchain Payments Startup Program
Mastercard, another payment powerhouse, is also jumping on the “crypto payment adoption” bandwagon.
On May 15th, Mastercard announced that five new startups have joined its fintech accelerator program, Start Path Blockchain and Digital Assets. These include crypto payment and card issuer Kulipa, blockchain software firm Parfin, decentralized physical infrastructure network (DePin) firm peaq, data platform Triangle, and blockchain developer Venly. Mastercard aims to explore future use cases and scale new solutions with startups worldwide.
Additionally, Mastercard launched the “Crypto Credential” feature, which allows users to send and receive crypto using a username instead of a wallet address. This feature, first enabled on several crypto exchanges, shows Mastercard’s ambition to expand its landscape into the blockchain world in a way that crypto natives find familiar and convenient.
Stripe Brought Back Crypto Payments
“We’re excited to announce that we’re bringing back crypto as a way to accept payments, but this time with a much better experience,” said Stripe co-founder and President John Collison at the company’s Global Internet Economy conference.
Stripe had stopped supporting bitcoin payments in 2018 due to its high volatility. Now, after six years, Stripe is reintroducing crypto payments, initially supporting Circle’s USDC stablecoin in summer 2024. This feature will be available on Ethereum, Solana, and Polygon.
The Significance of These Developments
What do these moves mean for the future of payments? To translate these news: They signify that crypto payments are becoming a promising and practical option in the blockchain arena, driven by utility, demand, and the potential for mass adoption. And that’s where Alchemy Pay steps in.
As crypto sees its utility skyrocket and awareness solidify, more fintech giants are jumping on the bandwagon and building on this exciting trend. Thanks to its fast transaction speeds and lower costs, crypto is proving to be a valuable medium in the world of exchange and payment.
It’s time to rethink the nature of crypto as a financial powerhouse. By cutting out the pricey middlemen and simplifying cumbersome processes, crypto is revolutionizing financial transactions, making them more efficient and economical. As we look to the future, the integration of blockchain technology into the payment sector appears increasingly inevitable.
Alchemy Pay and the Future of Crypto Payments
With pioneers like PayPal, Mastercard and Stripe leading the charge, the potential for crypto payments to revolutionize how transactions are conducted on a global scale is immense. This trend is expected to accelerate, with more industry giants embracing blockchain for its unparalleled security, transparency, and efficiency.
Robust Expertise and Extensive Partnership Network
Amid this transformative wave, Alchemy Pay stands out as one of the most experienced crypto payment solution providers, specializing in solutions that bridge the gap between crypto and Web3 services and fiat payments for widespread accessibility. Its comprehensive payment network, serving as a one-stop solution for fiat-crypto payments, spans across 173 countries and over 300 payment channels. Founded in 2017, Alchemy Pay has forged strong relationships with both traditional payment institutions and channels, as well as a wide range of partners that has become the solid bedrock of the blockchain industry.
Comprehensive Crypto Payment Solutions Tailored to All Needs
Over the years, Alchemy Pay has refined its product offerings to meet all needs around crypo payments, from online to offline, encompassing crypto payments, On & Off-Ramp, NFT Checkout, Web3 Card Solutions, and its latest venture, the Web3 Digital Bank solution, which will further empower businesses with multi-currency account opening features.
Robust Credentials for Building a Trusted Payment Gateway
Alchemy Pay prioritizes compliance with regulatory standards worldwide, ensuring secure transactions while meeting regulatory requirements. With a proven track record of obtaining key payment licenses across various countries, including the United States, Canada, Lithuania, and Indonesia, the company maintains its commitment to regulatory compliance. Recognized by major industry players like Visa and Mastercard, Alchemy Pay is affirmed as an authorized third-party service provider in the conventional sector.
In Conclusion
By providing seamless and innovative crypto payment solutions, Alchemy Pay is poised to play a pivotal role in this evolving landscape, ensuring that businesses and consumers alike can reap the benefits of this digital revolution. The future of crypto payments is bright, and as more companies adopt blockchain technology, the promise of a more inclusive and efficient financial system becomes a reality.
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 offerings including On & Off Ramp, 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. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Headline News

 Alchemy Pay Set to Launch Web3 Digital Banking Solution for Enterprises
Alchemy Pay announces its new venture — the Web3 Digital Bank tailored for global Web3 enterprises! This innovative platform will ensure compliant & efficient operations for multi-fiat accounts, offering seamless account opening, exchange between EUR and USD, and instant fiat transfers to USDT/USDC.

Alchemy Pay Collaborates with Victory Securities to Offer Users Access to Spot ETF
Alchemy Pay announces a significant 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. This collaboration is geared towards optimizing the investing journey for users, particularly in the recently listed Bitcoin and Ether spot ETFs in Hong Kong. A broader user base will gain access to VictoryX, the trading app for asset allocation across securities and virtual assets. The alliance serves as a bridge between the traditional finance and crypto world, ensuring a seamless and trustworthy experience for users and investors.
On & Off-Ramp, Web3 Card, NFT Checkout Integrations
 Tether USDT On Ton via Alchemy Pay
USDT is available now on Ton blockchain via AlchemyPay

Alchemy Pay Introduces Easy Ramp Solution to Linea Ecosystem, Facilitating Crypto Purchases on the Linea Network
In a move aimed at advancing blockchain accessibility, Alchemy Pay is excited to unveil its partnership with Linea, a user-friendly zk-Rollup powered by Consensys. Now, Alchemy Pay has integrated Linea blockchain into its ramp platform, facilitating the seamless transfer of virtual assets on Linea network including ETH, USDT, USDC and FOXY through local fiat currencies. This expansion not only broadens Linea’s reach but also simplifies transactions on its network via 50+ local fiat currencies like never before.

Metis Integrates for Seamless Fiat-Crypto On & Off-Ramp Support
Alchemy Pay has announced that it has entered into a partnership with Metis, the self-sustainable Layer 2 blockchain powering the next generation of decentralized applications secured by Ethereum. In this alliance, Metis incorporates Alchemy Pay’s seamless On & Off-Ramp solution into its ecosystem, offering developers a direct portal for fiat-crypto payment gateway.

 UniSat Wallet: Alchemy Pay Enables Bitcoin Purchases
UniSat integrates the Alchemy Pay On-Ramp solution into its wallet under the “Buy Crypto” portal. This integration streamlines the process for users to acquire Bitcoin in a straightforward and compliant manner. As the Bitcoin ecosystem continues to draw significant interest and investment, UniSat has emerged as a key service provider specializing in asset inscription. The UniSat Wallet serves as a hub for managing Bitcoin assets, leveraging advancements in Bitcoin technology.

Fiat On-Ramp for stETH on Lido
Lido, the decentralized staking protocol enabling users to earn daily staking rewards on their Ethereum, we serve as the fiat On-Ramp provider. Through this collaboration, users can directly purchase $stETH, the Lido’s liquid variant of staked ETH, with fiat on Alchemy Pay’s ramp page. The $stETH balance grows daily with staking rewards and plays a pivotal role in engaging in DeFi activities such as providing liquidity on protocols like Curve and serving as collateral for loans on Aave.

Core Onboards Alchemy Pay as Ramp Service Provider Within its Ecosystem
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.

BounceBit Integration
Through this alliance, Alchemy Pay will provide easy on and off-ramp solutions for BounceBit users, simplifying the process of acquiring BB, BounceBit’s native token, along with other tokens, to bolster the BTC Restaking ecosystem. In the upcoming phases of deeper integration, users will have access to Alchemy Pay via the app store featured on BounceBitClub for enhanced connectivity.

Alchemy Pay Now Provides Seamless Ramp Solution on AltLayer as Ecosystem Partner
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.

Alchemy Pay and Kontos Partners for Seamless Integration of its Blockchain & KUSDT
Alchemy Pay, the leading fiat-crypto payment gateway, has collaborated with Kontos, a zk-powered omnichain infrastructure, to extend support to its Kontos chain and also introduce its On & Off Ramp Solution to Kontos. This integration enables global users to effortlessly purchase KUSDT, the stablecoin on Kontos, using their preferred payment methods and local fiat currencies via the Kontos Wallet, with direct deposits facilitated through Alchemy Pay’s intuitive ramp support.

Telos to Launch Fiat On-Ramp for Direct TLOS Purchase
A significant partnership with Telos, a growing network of networks — Layer 0 — enabling Zero Knowledge technology for ultimate scalability and privacy to support all industries and applications. As a collaborative initiative, Telo incorporates the Alchemy Pay On-Ramp solution, seamlessly integrating it into its website under the “Buy Telos” portal. This integration streamlines the process for users to acquire $TLOS in a straightforward and compliant manner. Users now also can purchase $TLOS through Alchemy Pay’s ramp page. With payment options that include Visa, Mastercard, popular mobile wallets, and domestic bank transfers.

Ramp Solution on Influpia Platform
This integration facilitates easy access to cryptocurrencies through local currencies for both seasoned crypto enthusiasts and newcomers. Users can now use their preferred fiat payment methods to buy and sell Bitcoin directly within the platform. The “Get $BTC” feature is accessible through a dedicated portal on the website, allowing users to purchase Bitcoin seamlessly. The acquired Bitcoin can then be utilized for staking and farming activities on Influpia. By leveraging Alchemy Pay’s direct-to-customer solution, Influpia offers a seamless onboard experience similar to transactions on popular e-commerce platforms like Amazon or eBay.

India: Bitget and AlchemyPay Join Forces for INR through UPI and IMPS
Bitget and AlchemyPay have joined forces to provide top-tier crypto payment solutions for INR through UPI and IMPS (bank transfer) in India. Supported cryptocurrencies include USDT, BTC, ETH, USDT and TRX. With support for multiple payment channels, including Unified Payments Interface (UPI) and IMPS (bank transfer), users across India can seamlessly navigate the crypto landscape with ease.

Alchemy Pay Enables Phygital Collection Purchases on Another-1 with NFT Checkout
Alchemy Pay, the leading crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution.
Discover
Alchemy Pay: Driving the BTC Ecosystem Growth Post-2024 Halving
The Bitcoin halving, a pivotal event that occurs approximately every four years, has once again captured the attention of the crypto community and beyond. As the block reward for miners is reduced by half, from 6.25 to 3.125 BTC, the implications of this event extend far beyond the realm of mining economics. The 2024 halving marks a significant milestone in Bitcoin’s journey, as it not only reinforces the cryptocurrency’s deflationary nature but also sets the stage for a new wave of innovation and adoption.
Offline & Online Events
Binance Spot Trading Competition: Trade $ACH to Win a Share of 300,000 USDC
Participate in the latest Binance Spot Trading Competition by trading $ACH to win 300,000 USDC!
Don’t miss out on this opportunity and start trading now.

Consensus 2024, Austin, TX
Join us at Consensus 2024 from May 29th to 31st, and visit the Alchemy Pay booth to discover our latest crypto payment products and solutions. We can’t wait to connect with our partners, community members, and fellow attendees!

Money 2020, Amsterdam, Europe
Join Alchemy Pay at booth #5J90 in Amsterdam from June 4–6, 2024. Discover the latest advancements in crypto payments and explore how we’re shaping the future of finance.

DePIN at Consensus2024
We entered IoTeX’s DePIN House and showcased the cutting edge of DePIN first hand. Networking event with DePIN’s brightest minds. Live demos.

Panel Discussion with Mastercard at Conf3rence, Dortmund
Alchemy Pay’s Ecosystem Lead Robert McCracken joined Christian Rau of Mastercard and Claus George of DZ Bank for “Banking Revolution: The Next Era of Payments.” Nuanced perspectives on the next steps for money, payments and distributed ledger technology alongside mainstream finance.
TopGoal Community AMA
To celebrate our work with TopGoal we held an AMA with their CMO/founder Alexa.

Kroma Network & Alchemy Pay Discussion
After integrating our on-ramp payment services on Kroma Network, Derek from their BD department joined us for an X Space. Listen back as we chat Korean gaming, layer-2s and more.

Discord Community AMA
Community AMA this month answered your latest questions about Alchemy Pay’s progress and the wider crypto development.
Discord: discord.gg/alchemypay

Community Contests & Quizzes
Ready for a crypto challenge? Our Crypto Quiz gave away 2500 $ACH ! Don’t miss the next quiz! Telegram: t.me/alchemy_official

Bitcoin Pizza Day Galxe Quest
Pizza up on that special day in Bitcoin history with AlchemyPay & $ACH
https://app.galxe.com/quest/AlchemyPay/GCjyDtzSXK

Guess and Learn with Alchemy Pay
Dive into Alchemy Pay with key numbers! Discover its impact and earn rewards. Guess, learn, and win! 3,000 $ACH for 10 lucky fans!
Learn 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 the website https://alchemypay.org/contact