On Wednesday, the Alchemy Pay team announced via X that it now supports $XPL and $USD₮0 on Plasma. Plasma is a Layer-1 blockchain building the stablecoin infrastructure for a new global financial system. The support allows users to purchase $XPL and $USDT0 directly with fiat across 173+ countries.
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 3% in the last 24 hours and trades at $0.01906.