Alchemy Pay to extend services to accommodate Scroll Networks needs
Alchemy Pay is set to team up with Scroll, a Layer-2 scaling solution for Ethereum. This collaboration will harness zero-knowledge technology and compatibility with the Ethereum Virtual Machine (EVM), allowing users to obtain and utilize USDT and USDC on Scroll through Alchemy Pay.
The main objective of this partnership is to cater to a global clientele and tackle the challenges within decentralized finance (DeFi). This groundbreaking development will enable users to purchase these assets using over 50 fiat currencies and a variety of payment options spanning across 173 countries.
Scroll, a Layer-2 blockchain devised by Ethereum developers, boasts scalability, security, and open-source features, embodying Ethereum’s fundamental principles of participation, decentralization, censorship resistance, auditability, and credible neutrality.
By incorporating USDT and USDC into the Scroll ecosystem via Alchemy Pay, the collaboration seeks to promote these assets among users and developers, enriching the Scroll ecosystem and attracting a wider global user base. Scroll’s primary aim is to offer a scalable solution while upholding Ethereum’s trusted security and decentralized nature.
Scroll has meticulously crafted its zkEVM bridge to be bytecode-level EVM-compatible, closely mirroring Ethereum. This facilitates developers in migrating Ethereum projects to Scroll seamlessly, without any alterations to the existing code.
Alchemy Pay, holding compliance licenses in multiple jurisdictions such as the United States, Canada, Indonesia, and Lithuania, operates in 173 countries and accepts mainstream payment methods like Visa, Mastercard, Apple Pay, and Google Pay. With 300 payment channels in place, Alchemy Pay aids users in avoiding exorbitant transaction fees.
The integration with Scroll marks a significant milestone for Alchemy Pay, facilitating seamless fiat-to-crypto payment solutions. By granting access to USDT and USDC, Alchemy Pay aims to boost the adoption of these sought-after cryptocurrencies, anticipating increased global usage and the acquisition of more clients for both Alchemy Pay and Scroll.
