Alchemy Pay and Scroll are joining forces to integrate Scroll, a Layer-2 scaling solution for Ethereum. This collaboration will utilize zero-knowledge technology and Ethereum Virtual Machine (EVM) compatibility, allowing users to acquire and access USDT and USDC on Scroll through Alchemy Pay.
The main objective of this partnership is to connect with clients worldwide and tackle the challenges faced in decentralized finance (DeFi). Through this integration, users will be able to purchase these assets using over 50 fiat currencies and a variety of payment options spanning across 173 countries.
Scroll, a Layer-2 blockchain developed by Ethereum experts, embodies the core principles of Ethereum such as scalability, security, and openness. By incorporating USDT and USDC into the Scroll ecosystem via Alchemy Pay, the aim is to promote the usage of these assets among users and developers, enriching the Scroll ecosystem and attracting a larger global audience.
Scroll’s primary focus is to offer a scalable solution while upholding Ethereum’s trusted security and decentralization. The zkEVM bridge designed by Scroll is EVM-compatible at the bytecode level, closely replicating Ethereum and allowing developers to migrate Ethereum projects to Scroll seamlessly without the need for any code modifications.
Alchemy Pay, with compliance licenses in multiple jurisdictions including the US, 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, Alchemy Pay helps users avoid high transaction fees.
This integration with Scroll marks a significant milestone for Alchemy Pay, enabling smooth fiat-to-crypto payment solutions. By providing access to USDT and USDC, Alchemy Pay aims to boost the adoption of these popular cryptocurrencies, attracting more global users and expanding the client base for both Alchemy Pay and Scroll.