Hassan Maishera
The Alchemy Pay team announced via X on Tuesday that it has made a strategic investment in MAP Protocol, a Bitcoin layer-2 protocol. The investment is to aid MAP Protocol to pioneer the next wave of Bitcoin-based decentralized financial apps and ecosystems.
According to the MAP Protocol team, the investment will enable them to boost the DeFi ecosystem on the Bitcoin 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 down by 4% in the last 24 hours and currently trades at $0.01653.
