Ethereum

Alchemy

United

Alchemy Pay

USDC

<p class="is-style-lead">Alchemy Pay will integrate with Scroll, a Layer-2 scaling solution for Ethereum.&nbsp;</p> 
<p>This development will leverage zero-knowledge technology and compatibility with the Ethereum Virtual Machine (EVM), which means that users can acquire and access USDT and USDC on Scroll through Alchemy Pay.&nbsp;</p> 
<p>The overall goal of this development is to integrate global clients and address challenges in <a href="https://crypto.news/decentralized-payments-is-a-gateway-to-economic-development-opinion/" target="_blank" rel="">decentralized finance</a> (DeFi). With this development, users can purchase these assets using more than 50 fiat currencies and various payment options across 173 countries.</p> 
<h2 class="wp-block-heading" id="usdt-and-usdc-support-via-scroll">USDT and USDC support via Scroll&nbsp;</h2> 
<p>Scroll is a Layer-2 blockchain created by Ethereum developers. It is scalable, secure, and open-source and embodies Ethereum’s core values of participation, decentralization, censorship resistance, auditability, credible neutrality,</p> 
<p>By integrating <a href="https://crypto.news/price/tether/" rel="">USDT</a> and <a href="https://crypto.news/price/usd-coin/" rel="">USDC</a> into the Scroll ecosystem through <a href="https://crypto.news/visa-lists-alchemy-pay-as-official-service-provider/" rel="">Alchemy Pay</a>, the partnership aims to popularize these assets among users and developers. This will ultimately enrich the Scroll ecosystem and attract more users globally.</p> 
<p>Scroll’s primary goal is to provide a scalable solution while maintaining Ethereum’s trusted security and decentralization.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/AlchemyPay/status/1798300503795011678 
 </div>
</figure> 
<p>Scroll has <a href="https://crypto.news/scroll-launches-mainnet-pioneers-next-gen-ethereum-scaling-solution/" rel="">designed</a> 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.</p> 
<p>Alchemy Pay — which has secured compliance licenses in various jurisdictions, including the United States, Canada, Indonesia, and Lithuania — is operational in 173 countries and accepts mainstream payment methods such as Visa, Mastercard, Apple Pay, and Google Pay. Alchemy Pay has 300 payment channels and helps users avoid high transaction fees.</p> 
<p>Integrating with Scroll is a major milestone for Alchemy Pay, enabling seamless fiat-to-crypto payment solutions. By providing access to USDT and USDC, Alchemy Pay is hoping to enhance the adoption of these popular cryptocurrencies. They hope for more global use and they hope it brings more clients to both Alchemy Pay and Scroll.</p>

Alchemy Pay expanding to support Scroll Network

Table of Contents

crypto.news

Other articles published on Jun 5, 2024

Shiba Inu on Verge of Epic Breakout as Price Jumps 10%

Sell Pepe Coin (PEPE) in June? Here’s Why and What Altcoin You Should Buy

BNB Sets New ATH at $711 This Cycle After 10% Spike in Under 24 Hours, More ATHs Expected as Alts...

Investors Shift Focus to Altcoins as Bitcoin Price Moves

Shiba Inu Burn Rate Surges 348% as SHIB Army Increases Activity

Pepe Coin Surges Almost 5% In The Last 24h: Spotlight on Emerging Meme Coins with Potential

Join our free newsletter for daily crypto updates!