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Alchemy Pay Integrates Fiat Onramp for Pendulum’s PEN Token

Twitter icon  •  Published 9ヶ月前  •  Hassan Maishera

The Alchemy Pay team announced via a Medium post on Wednesday that it has partnered with Pendulum, an open-source blockchain platform on the Polkadot network, to introduce a seamless fiat onramp for Pendulum’s native PEN token.

The Alchemy Pay team announced via a Medium post on Wednesday that it has partnered with Pendulum, an open-source blockchain platform on the Polkadot network, to introduce a seamless fiat onramp for Pendulum’s native PEN token.

This collaboration enables users to effortlessly conduct fiat-crypto transactions while ensuring compliance and ease of use. Pendulum seeks to bridge the gap between the traditional fiat and decentralized finance (DeFi) ecosystems by leveraging smart contract blockchain technology.

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 3% in the last 24 hours and currently trades at $0.01970. 

 

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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.