Alchemy Pay and Linea have partnered to integrate the Linea blockchain into Alchemy Pay’s ramp service platform. This collaboration aims to simplify the process of transferring major virtual assets like ETH, USDT, USDC, and FOXY on the Linea network using local fiat currencies. By supporting transactions with over 50 local fiat currencies, this partnership extends Linea’s reach and makes transactions on its network more straightforward. The integration allows for easy conversions between crypto and fiat currencies using familiar payment methods, including Visa, Mastercard, Google Pay, Apple Pay, mobile wallets, and bank transfers. This enhancement creates a more user-friendly environment and encourages broader adoption of the Linea network.
Linea stands out in the blockchain landscape with its secure zkEVM ecosystem, which supports decentralized applications (dapps). Its infrastructure is built on cryptographically secure zk-Rollups, ensuring unmatched network security. Linea is committed to safety and has strategic security partnerships and a culture focused on security within its ecosystem. The platform’s mission is to make the decentralized internet safe and accessible through a comprehensive security framework and initiatives that promote web3 education and expertise. Alchemy Pay enhances this ecosystem with its globally accessible ramp service, which widens Linea’s audience. This service benefits everyday users and developers by providing a streamlined payment gateway for the Linea blockchain, supporting reliable and easy financial transactions.
Alchemy Pay’s ramp service supports a wide range of cryptocurrencies and offers fiat-based purchase capabilities across 173 countries through its extensive network of local payment channels. This global service goes beyond traditional credit and debit card options and incorporates local mobile wallets to enhance the user experience. Alchemy Pay is committed to regulatory compliance and has obtained licenses for payment services in various jurisdictions, including the UK, the U.S., Canada, Indonesia, and Lithuania. The company is recognized by major financial networks like Visa and Mastercard as an authorized service provider, ensuring reliability and security as a fiat-crypto payment gateway.