KEY TAKEAWAYS
- Alchemy Pay partners with Morph to enhance blockchain adoption by integrating Morph into its network, enabling seamless crypto transactions in 173 countries.
- The partnership allows Morph users to easily acquire and sell USDC, USDT, and ETH using local fiat currencies, promoting mass adoption of blockchain technology.
- Morph’s innovative Layer 2 solution combines optimistic and ZK roll-ups, offering scalability and flexibility for Ethereum Virtual Machines.
- Alchemy Pay’s extensive payment network supports over 300 channels, ensuring secure and inclusive fiat-crypto transactions globally.
Alchemy Pay, a prominent fiat-crypto payment gateway, has announced its partnership with Morph, a global consumer layer aimed at driving blockchain adoption. This collaboration integrates Morph into Alchemy Pay’s supported network, facilitating the seamless acquisition and selling of USDC, USDT, and ETH on Morph through local fiat currencies and regular payment methods. The partnership extends Alchemy Pay’s On & Off-ramp service to Morph’s native ecosystem, making these transactions accessible in 173 countries with support for over 50 fiat currencies.
By listing Morph-USDC, Morph-USDT, and Morph-ETH on its On & Off-ramp, Alchemy Pay provides an easy and inclusive entry point for both seasoned crypto users and newcomers. The streamlined process ensures that Morph users can navigate the complexities of blockchain technology with ease, furthering its mission of driving mass adoption.
How the Partnership Enhances Blockchain Accessibility
Morph serves as a global consumer layer designed to power the mass adoption of blockchain technology by acting as a distribution hub for resources that builders need to scale consumer applications. As the first Ethereum Layer 2 solution to combine both optimistic and ZK roll-ups, Morph offers unparalleled scalability and flexibility. Its innovative Decentralized Sequencer Network, Responsive Validity Proof System (RVP), and modular design allow it to deliver efficient scaling on Ethereum Virtual Machines (EVMs).
Alchemy Pay is recognized for providing secure, seamless, and efficient solutions for fiat-crypto transactions. Supporting over 300 payment channels worldwide, including mainstream payment methods and local mobile wallets, Alchemy Pay ensures inclusivity and accessibility for users across diverse regions. The company has established strong partnerships with major networks and platforms, including Tether, TON, BNB Chain, Uniswap, ICP, Arbitrum, OKX, and Bitget.
Implications for the Future of Blockchain Adoption
The partnership with Morph signifies a critical step in the evolution of blockchain adoption. By facilitating easy access to Morph’s ecosystem, Alchemy Pay empowers users to experience the full potential of innovative Layer 2 solutions, contributing to a more interconnected and efficient blockchain landscape.
The announcement of this partnership can be found here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
