Hassan Maishera
On Friday, the Alchemy Pay team announced via a blog post that it has integrated with decentralized finance platform World Liberty Financial Inc. (WLFI) to support seamless on-ramp access to USD1, WLFI’s US dollar stablecoin.
As a fully-backed stablecoin, USD1 is designed to maintain 1:1 equivalence with the U.S. dollar and is issued and legally managed by BitGo. Thanks to Alchemy Pay’s expansive payment infrastructure and its user-first approach, users worldwide can now purchase USD1 with the payment option of their choice, including Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and regional bank transfers.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up 1% in the last 24 hours and trades at $0.02174.
