Alchemy Pay, a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll.
Users can obtain and utilize USDT and USDC on Scroll through Alchemy Pay, which uses zero-knowledge technology and is interoperable with the Ethereum Virtual Machine (EVM).
The integration of international clientele and the resolution of issues in decentralized finance (DeFi) are the main objectives of this development. Users can now buy these assets in 173 countries with a variety of payment methods and more than 50 fiat currencies thanks to this breakthrough.
Scroll Supports USDT and USDC
Ethereum developers constructed the Layer-2 blockchain known as Scroll. Encapsulating Ethereum’s fundamental principles of involvement, decentralization, resistance to censorship, auditability, and trustworthy neutrality, it is open-source, scalable, and safe.Â
The alliance hopes to increase user and developer awareness of USDT and USDC by incorporating them into the Scroll ecosystem via Alchemy Pay. The Scroll ecosystem will eventually benefit from this, drawing in additional people worldwide. Providing a scalable solution while upholding Ethereum’s dependable security and decentralization is Scroll’s key objective.
With its zkEVM bridge, Scroll aims to emulate Ethereum as nearly as possible at the bytecode level. This eliminates the need for code modifications when porting Ethereum programs to Scroll.
Operating in 173 countries, Alchemy Pay is licensed to operate in multiple jurisdictions and has received compliance licenses in the US, Canada, Indonesia, and Lithuania. It also uses popular payment methods, including Visa, Mastercard, Apple Pay, and Google Pay.
Alchemy Pay lets consumers avoid expensive transaction fees and offers 300 different payment options. Enabling smooth fiat-to-crypto payment options, Alchemy Pay’s integration with Scroll marks a significant achievement.
Alchemy Pay wants to increase the uptake of these well-liked cryptocurrencies by making USDT and USDC accessible. They anticipate greater worldwide usage and more customers for Scroll and Alchemy Pay.
