The Alchemy Pay team announced via a blog post on Tuesday that it has integrated with Lido, the decentralized staking protocol enabling users to earn daily staking rewards on their Ethereum.
Thanks to this partnership, Lido has integrated Alchemy Pay's efficient On and Off-Ramp services within its ecosystem, allowing users worldwide to easily purchase and sell $stETH using their preferred payment methods and local fiat currencies.
The integration means that users can directly purchase $stETH, Lido's liquid variant of staked ETH, with fiat on Alchemy Pay's ramp page.
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 2% in the last 24 hours and currently trades at $0.02545.