The Alchemy Pay team announced via a blog post on Friday that it has forged a significant collaboration with Kroma, a Layer2 solution for Ethereum, that combines Optimistic Rollup and zkEVM with permissionless validators for fast, secure, and affordable transactions.
This collaboration includes Alchemy Pay's integration of the Kroma network, offering increased convenience to users. Alchemy Pay now enables users to effortlessly purchase ETH/USDT/USDC on the Kroma network using their preferred fiat payment methods. Offering transaction fees 10 times lower than Ethereum, Kroma provides users and developers with a cost-effective platform.
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 up by 12% in the last 24 hours and currently trades at $0.04205.