Alchemy Pay to broaden its services to include Scroll Network
Alchemy Pay is set to collaborate with Scroll, a Layer-2 scaling solution for Ethereum, in an effort to revolutionize the world of decentralized finance (DeFi). By utilizing zero-knowledge technology and ensuring compatibility with the Ethereum Virtual Machine (EVM), Alchemy Pay users will soon be able to seamlessly acquire and access USDT and USDC on Scroll.
This groundbreaking development aims to cater to a global audience by enabling users to purchase these assets using over 50 fiat currencies and a wide array of payment options spanning across 173 countries. Scroll, a Layer-2 blockchain designed by Ethereum developers, embodies Ethereum’s principles of participation, decentralization, and censorship resistance, making it a secure and scalable platform.
The integration of USDT and USDC into the Scroll ecosystem through Alchemy Pay is expected to drive adoption of these assets among users and developers, thereby enriching the Scroll ecosystem and attracting a larger global user base. Scroll’s zkEVM bridge, which closely mirrors Ethereum at the bytecode level, allows developers to seamlessly migrate Ethereum projects to Scroll without the need for any code modifications.
With compliance licenses secured in multiple jurisdictions, including the United States, Canada, Indonesia, and Lithuania, Alchemy Pay operates in 173 countries and accepts mainstream payment methods such as Visa, Mastercard, Apple Pay, and Google Pay. The platform boasts 300 payment channels, offering users a way to bypass high transaction fees.
For Alchemy Pay, integrating with Scroll marks a significant milestone, as it opens up new opportunities for seamless fiat-to-crypto payment solutions. By providing access to popular cryptocurrencies like USDT and USDC, Alchemy Pay hopes to drive global adoption and attract more clients to both Alchemy Pay and Scroll. The collaboration between Alchemy Pay and Scroll is poised to transform the way users interact with digital assets, bringing convenience and accessibility to the world of decentralized finance.