Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications.

Alchemy Pay may provide its crypto services to people and companies in these regions. With these additional licenses, Alchemy Pay now has a total of eight licenses in the US.

As of November 2024, Alchemy Pay has focused on a strategic and compliant approach to increasing crypto accessibility in the United States. The recent MTL acquisitions follow approvals in New Hampshire, New Mexico, Arkansas, and Iowa.

Alchemy Pay's new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.

With this new blockchain, Alchemy Pay seeks to improve crypto payments through seamless interaction between on-chain and off-chain transactions, allowing businesses to easily operate in both crypto and fiat worlds. The post Alchemy Pay To Launch Scalable Layer-1 Blockchain for Payments appeared first on Cryptonews.

Crypto payment provider Alchemy Pay has announced its upcoming layer-1 blockchain, Alchemy Chain, a move aimed at streamlining fiat and cryptocurrency integration. Built on a Solana Virtual Machine (SVM) architecture, the new blockchain is expected to support Alchemy Pay's payment ecosystem by offering scalable infrastructure for high transaction volumes.

Cryptocurrency payments solution provider Alchemy Pay has introduced the launch plan for its Layer-1 blockchain. Alchemy Chain, announced Monday (Oct. 28), is built on a scalable Solana Virtual Machine (SVM) architecture and designed to support the growing needs of Alchemy Pay's business operations and integrate crypto and fiat payments.

TL;DR Alchemy Pay launches its blockchain to integrate cryptocurrencies and fiat currencies into its payment infrastructure. The layer-1 chain, based on Solana Virtual Machine, aims to enhance the efficiency and security of on-chain transactions and external storage.

Alchemy Pay token formed a “God candle” on Oct. 28, after the developers announced plans to launch the Alchemy Chain. Alchemy's (ACH) token rose to a high of $0.020, its highest level since Oct.

Alchemy Pay said that users would have the option to pay their gas fees with fiat or its native ACH token.

Alchemy Pay has partnered with Yellow Card, a prominent African fintech, to enhance cryptocurrency on-ramp services across the continent.

Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay's on-ramp product will utilize Yellow Card's payment infrastructure in 20 African countries, allowing users to purchase crypto with their local fiat currencies.

Alchemy Pay has announced a new partnership with Yellow Card, a fintech company operating across 20 African countries.

Globally renowned fiat-crypto payment gateway Alchemy Pay marked a monumental stride on Tuesday, banking upon a partnership with pan-African fintech firm Yellow Card. The crypto payment gateway firm recently revealed that it is collaborating with the fintech firm in an effort to facilitate on-ramp services in Africa.

Alchemy Pay has announced the integration of its virtual card service with Samsung Pay, expanding its reach following the successful launch on Google Pay. This development enables users to seamlessly spend their cryptocurrency holdings at numerous retailers, both online and in-store, through Samsung's contactless payment platform.

Alchemy Pay, a major crypto payment provider, took another step towards making cryptocurrencies more accessible on October 8 by integrating its virtual card with Samsung Pay, Samsung's contactless payment tool.

Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement. Over 500,000 users of Alchemy Pay's virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.

Already available on Google Pay, Alchemy Pay's virtual card is now coming to Samsung Pay, giving users another seamless way to spend their crypto.

Alchemy Pay has introduced Samsung Pay integration for its Virtual Card service, allowing users to make fast and secure payments using cryptocurrency.

Alchemy Pay has been keen on offering its users an array of options when it comes to spending their crypto.

Fiat-cryptocurrency payment gateway Alchemy Pay's Virtual Card now supports Google Pay, enabling users to pair the card with that digital payment platform. By adding the crypto card to Google Pay, users can make payments for everyday transactions more quickly and securely, Alchemy Pay said in a Wednesday (Sept.

Google Pay's broad reach and trusted security features make this integration a valuable addition.

In a groundbreaking development in the world of cryptocurrency payments, Alchemy Pay (ACH) has announced another exclusive partnership with Tether and Tether Gold. The announcement was shared via Alchemy Pay's official X account, where the company expressed its excitement about the partnership.

Alchemy Pay has launched its crypto payment solutions on Telegram through The Open Network.

This partnership aligns with Alchemy Pay's broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.

Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider.

Burhan Alomari of Alchemy Pay discusses their innovative on-ramp and off-ramp solutions, including crypto cards that allow users to spend digital assets like traditional fiat currency. He emphasizes the importance of user-friendly interfaces and regulatory clarity in bridging the gap between traditional finance and Web3, aiming to onboard millions of new users to the crypto space.

The partnership will see Alchemy Pay add support for multiple third-party local payment methods (LPMs) as payment options for its fiat on-ramp solution.

International payments giant Mastercard has teamed up with blockchain provider Alchemy Pay to combat identity fraud and mitigate malicious activities.

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets.

Alchemy Pay extends its fiat-crypto gateway support to Chiliz (CHZ) Chain and various Fan Tokens, enhancing fan engagement in sports and entertainment.

This integration broadens the accessibility of Fan Tokens on Chiliz, allowing global sports enthusiasts to engage more seamlessly with their favorite teams.

Cryptocurrency prices have come under intense pressure in the past few weeks after Bitcoin failed to break the resistance level at $72,000. Most tokens, including the giant ones like Ethereum, Toncoin, BNB, and Cardano have all plunged in the past few weeks, bringing the total market cap of all coins to about $2.38 trillion.

Alchemy Pay will integrate with Scroll, a Layer-2 scaling solution for Ethereum.

Alchemy Pay, the crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution.

Alchemy Pay partners with Metis to provide seamless fiat-crypto on and off-ramp support for developers

Alchemy Pay, a prominent player in the fiat-crypto payment solutions arena, has recently achieved a significant milestone with the announcement of its new venture, the Web3 Digital Bank. This initiative is set to revolutionize how multi-fiat accounts are opened and operated, streamline cash flows, and enable seamless conversions between fiat and cryptocurrency for global Web3

Alchemy Pay, a renowned crypto-fiat payment provider, has revealed plans to launch a Web3 Digital Bank. Global enterprises can leverage this initiative to open and run many accounts, manage cash flows, and facilitate smooth fiat-crypto conversion. The compliant firm remains well-suited to offer regulated digital banking solutions to Web3 firms.

Crypto payment solutions provider Alchemy Pay announced a partnership with exchange-traded services company Victory Securities to offer access to Bitcoin and Ethereum spot ETFs in Hong Kong.

Alchemy Pay announces collaboration with Victory Services to boost HK Spot ETF access Hong Kong Spot ETFs struggle to bring in capital influx

Bitget announced a partnership with Alchemy Pay. The goal is to enable the buying of cryptocurrencies with the Indian rupee (INR).

Alchemy Pay, a global leader in payment solutions, has collaborated with Bitget, a prominent cryptocurrency exchange and Web3 company, to streamline crypto purchases for Indian users. Through Alchemy Pay's On-Ramp integration, Bitget users can now effortlessly utilize the Indian Rupee (INR) to acquire cryptocurrencies.

Alchemy Pay, an undeniable pioneer in the crypto payment sector, has recently designated Hong Kong as the strategic center of its expansion projects outside of China which literally means a broadening of its already huge global market.

In a groundbreaking move set to transform access to digital assets, Transit Swap, a leading cross-chain decentralized exchange (DEX) aggregator, has unveiled its latest partnership with Alchemy Pay.

Alchemy Pay (ACH) price surged on Tuesday, becoming one of the top-performing cryptocurrencies in the market. It surged by more than 15% and reached its highest point since May 23rd last year. Like most altcoins, Alchemy has more than doubled from its lowest point in 2023.

Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions.

Alchemy Pay launched its Crypto Card Mini app on Binance marketplace, with ACH tokens set as rewards for new users.