Alchemy Pay expanding to support Scroll Network

As an analyst with a background in blockchain technology and decentralized finance, I am excited about this recent development between Alchemy Pay and Scroll. This integration will bring significant value to both platforms, allowing users to access USDT and USDC on the Scroll network using Alchemy Pay’s fiat payment options.

Alchemy Pay will integrate with Scroll, a Layer-2 scaling solution for Ethereum

With the use of zero-knowledge tech and EVM compatibility, users can easily obtain and handle USDT and USDC on Scroll via Alchemy Pay, making this development an efficient way to interact with these stablecoins.

As a researcher in the field of decentralized finance (DeFi), my objective is to create a solution that caters to a global clientele and tackles the unique challenges that come with it. Through this development, users will be able to acquire these assets using over 50 fiat currencies and an extensive range of payment methods, spanning across 173 countries.

USDT and USDC support via Scroll 

Scroll is a Layer-2 blockchain created by Ethereum developers. It is scalable, secure, and open-source and embodies Ethereum’s core values of participation, decentralization, censorship resistance, auditability, credible neutrality,

As a crypto investor, I would rephrase it as follows: Through my involvement with Scroll, I’m excited about the collaboration with Alchemy Pay that brings USDT and USDC into our ecosystem. The goal is to make these stablecoins more accessible and desirable for both users and developers. Ultimately, this partnership will add value to Scroll and attract a larger global user base.

As a crypto investor, I would describe Scroll’s main objective as follows: I believe that Scroll aims to offer a flexible and expandable solution without compromising the proven security and decentralized nature of Ethereum.

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🙌… — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 5, 2024

“Scroll has engineered its zkEVM bridge to closely mimic the bytecode level of Ethereum’s EVM. As a result, developers can easily transfer Ethereum projects to Scroll without requiring any code adjustments.”

Alchemy Pay, holding compliance licenses in the US, Canada, Indonesia, Lithuania, among others, is currently active in a total of 173 countries. This versatile platform supports common payment methods including Visa, Mastercard, Apple Pay, and Google Pay. Boasting an impressive network of 300 payment channels, Alchemy Pay enables users to bypass hefty transaction fees.

Achieving integration with Scroll represents a significant achievement for Alchemy Pay. This connection facilitates effortless fiat-to-crypto transactions, making it easier for users to engage with USDT and USDC. By offering access to these widely adopted cryptocurrencies, Alchemy Pay aims to foster increased adoption and global usage. The partnership is expected to attract more clients to both platforms.

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2024-06-05 21:00