Alchemy Pay, a Singapore-based payment gateway connecting crypto with traditional fiat currencies, has announced a partnership with Metis, an Ethereum Layer 2 Rollup platform. The collaboration aims to provide seamless fiat-crypto on and off-ramp support for developers within the Metis ecosystem.
TLDR
- Alchemy Pay partners with Metis to provide fiat-crypto on and off-ramp support
- Metis incorporates Alchemy Pay’s solution into its ecosystem for developers
- Alchemy Pay adds support for Metis’s native token METIS on its on-ramp solutions
- Metis is the first Ethereum Layer 2 Rollup platform to decentralize its sequencer
- Alchemy Pay operates in 173 countries and has partnerships with major networks and platforms
As part of the partnership, Metis will integrate Alchemy Pay’s On & Off-Ramp solution into its platform, enabling developers to access a direct portal for fiat-crypto payment gateways.
This integration will allow developers to easily incorporate fiat payment options into their decentralized applications (dApps) built on the Metis network.
In addition to the integration, Alchemy Pay will support Metis’s native token, METIS, on its on-ramp solutions. This will enable users worldwide to purchase METIS using fiat currencies and local payment methods, enhancing accessibility and user experience for METIS token holders.
Metis stands out as the first Ethereum Layer 2 Rollup platform to decentralize its sequencer, demonstrating its commitment to providing dApps with permissionless, frictionless, and boundless experiences.
The platform offers a range of products to blockchain project developers, including an NFT Bridge, oracles, RPC nodes, and subgraphs. METIS tokens serve multiple purposes within the ecosystem, such as facilitating transaction fees, staking for rewards, and participating in governance processes.
Alchemy Pay boasts a global presence, operating in 173 countries and offering a wide array of payment options. With a network of over 300 local payment channels, including credit cards like Visa and Mastercard, regional mobile wallets, and domestic transfers, Alchemy Pay ensures widespread accessibility for crypto purchases.
The company has established partnerships with major networks and platforms, such as TON, Polygon, Avalanche, ICP, Neo, Arbitrum, Trust Wallet, OKX, and Bitget.
To further expand its services and enhance its operational efficiency, Alchemy Pay actively pursues licenses in various countries and regions.
The company has already obtained licenses in different states in the UK, the United States, Canada, Indonesia, and Lithuania, with upcoming license acquisitions in Hong Kong and Singapore.
Alchemy Pay’s credibility within the conventional payment sphere is reinforced by its status as an authorized third-party service provider for both Visa and Mastercard.
By leveraging Alchemy Pay’s extensive payment network and Metis’s scalable and decentralized infrastructure, developers can create dApps that seamlessly integrate fiat payment options, thereby increasing adoption and user-friendliness.
