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Alchemy Pay Now Offers Fiat On-Ramp for stETH on Lido

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

The Alchemy Pay team announced via a blog post on Tuesday that it has integrated with Lido, the decentralized staking protocol enabling users to earn daily staking rewards on their Ethereum.

The Alchemy Pay team announced via a blog post on Tuesday that it has integrated with Lido, the decentralized staking protocol enabling users to earn daily staking rewards on their Ethereum.

Thanks to this partnership, Lido has integrated Alchemy Pay's efficient On and Off-Ramp services within its ecosystem, allowing users worldwide to easily purchase and sell $stETH using their preferred payment methods and local fiat currencies.

The integration means that users can directly purchase $stETH, Lido's liquid variant of staked ETH, with fiat on Alchemy Pay's ramp page. 

Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down by 2% in the last 24 hours and currently trades at $0.02545.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.