Alchemy Pay, a renowned fiat-crypto payment processing solution, is enhancing its services by integrating with Scroll, a cutting-edge Layer-2 scaling solution that enhances Ethereum capabilities using zero-knowledge technology and Ethereum Virtual Machine compatibility. This collaboration now allows users to purchase USDT and USDC on Scroll through the Alchemy Pay gateway, offering access to these assets with over 50 fiat currencies and various payment options across 173 countries.
Exciting news! #AlchemyPay has officially integrated with @Scroll_ZKP, enabling Scroll-USDT/USDC on our Fiat On-Ramp! This seamless fiat-crypto integration aims to improve accessibility for users and developers worldwide. pic.twitter.com/TUBnJYSikD
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay)
June 5, 2024
The introduction of USDT and USDC support via Scroll integration marks a significant milestone for Alchemy Pay. Scroll, a new Layer 2 blockchain developed by Ethereum developers, prioritizes scalability, security, and open-source principles while upholding Ethereum’s core values of non-trusted security and decentralization.
This partnership between Scroll and Alchemy Pay will help promote the adoption of USDT and USDC within the Scroll ecosystem, enriching the overall user experience and attracting a broader user base globally.
Alchemy Pay’s presence in 173 countries, acceptance of mainstream payment methods like Visa and Mastercard, and support for next-gen payment options such as Apple Pay and Google Pay, make it a reliable and convenient platform for users. With over 300 payment channels, Alchemy Pay ensures low transaction fees and swift, secure transactions.
In addition to its collaboration with Scroll, Alchemy Pay has expanded its regulatory reach by acquiring compliance licenses in key jurisdictions, including the United States, Canada, Indonesia, and Lithuania. Recent certifications, such as the Money Transmitter Licensing in New Hampshire and the Authorized Payment Institution License in the UK, further solidify Alchemy Pay’s global standing as a trusted payment gateway.
The integration with Scroll is a significant step for Alchemy Pay in providing seamless fiat-crypto payment solutions. Access to USDT and USDC through Alchemy Pay is expected to drive adoption of these popular cryptocurrencies and contribute to their overall growth.
This strategic partnership with Scroll is part of Alchemy Pay’s ongoing efforts to expand its offerings and bring new players and partners into the blockchain ecosystem. Together, they aim to address challenges in decentralized finance (DeFi) usability and cryptocurrency conversions, paving the way for a more accessible and efficient financial landscape.