The Alchemy Pay team announced via a Medium post on Tuesday that it will be integrating CELO and cUSD into its on-ramp solution. This will enable users to engage with these digital assets for daily use in a compliant and easy way. The addition of these assets will enable access to Celo’s blockchain ecosystem, and to use DeFi applications on the Celo blockchain.
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 10% in the last 24 hours and currently trades at $0.02738.
Celo is an open platform that supports various distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys. CELO is down by 2% in the last 24 hours and is currently trading at $0.548.