Alchemy Pay has announced its integration with Scroll, a Layer-2 scaling solution for Ethereum. This collaboration will utilize zero-knowledge technology and compatibility with the Ethereum Virtual Machine (EVM), allowing users to acquire and access USDT and USDC on Scroll through Alchemy Pay.
The initiative aims to integrate global clients and address challenges in decentralized finance (DeFi). Users can purchase these assets using over 50 fiat currencies and various payment options across 173 countries.
USDT and USDC Support via Scroll
Scroll is a Layer-2 blockchain created by Ethereum developers. It is scalable, secure, open-source, and aligns with Ethereumβs core values of participation, decentralization, censorship resistance, auditability, and credible neutrality.
Integrating USDT and USDC into the Scroll ecosystem through Alchemy Pay aims to popularize these assets among users and developers, thereby enriching the Scroll ecosystem and attracting more users globally. Scrollβs primary goal is to provide a scalable solution while maintaining Ethereumβs trusted security and decentralization.
We are thrilled to announce that Alchemy Pay now supports the Scroll 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.
Scroll has designed its zkEVM bridge to be bytecode-level EVM-compatible, closely emulating Ethereum. This allows developers to bring over Ethereum projects to Scroll without any changes to code.
Alchemy Pay, which has secured compliance licenses in various jurisdictions including the United States, Canada, Indonesia, and Lithuania, is operational in 173 countries. It accepts mainstream payment methods such as Visa, Mastercard, Apple Pay, and Google Pay. With 300 payment channels, Alchemy Pay helps users avoid high transaction fees.
Integrating with Scroll is a significant milestone for Alchemy Pay, enabling seamless fiat-to-crypto payment solutions. By providing access to USDT and USDC, Alchemy Pay aims to enhance the adoption of these popular cryptocurrencies, hoping for increased global use and more clients for both Alchemy Pay and Scroll.
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