On Thursday, the Alchemy Pay team announced via a blog post that it has integrated with Reef Chain, a Layer 1 blockchain designed to simplify access to the decentralized web.
Known for its user-friendly ecosystem, including Reef Chain Wallet, ReefSwap, and ReefScan, Reef Chain is committed to making blockchain technology accessible for developers and users alike.
As part of this integration, Alchemy Pay's fiat-crypto on-ramp is now live on Reef Chain’s official website and within the Reef Wallet, enabling users around the world to purchase digital assets with their local fiat currencies using familiar payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and regional mobile wallets and bank transfers.
In addition, Alchemy Pay on-ramp now supports the $REEF token on Reef Chain, granting users in 173 countries seamless access to purchase $REEF directly through regulated and localized fiat payment options.
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 6.4% in the last 24 hours and trades at $0.02288.