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Alchemy Pay Partners With Decentralized USD (USDD)

Twitter icon  •  Published 8 месяцев назад  •  Hassan Maishera

The Alchemy Pay team announced via a blog post on Tuesday that it has formed a significant partnership with Decentralized USD (USDD).

The Alchemy Pay team announced via a blog post on Tuesday that it has formed a significant partnership with Decentralized USD (USDD), the first over-collateralized decentralized stablecoin transparent and fully backed by mainstream digital assets.

In the first part of this partnership, the USDD token has been incorporated into Alchemy Pay's Ramp platform, enabling individuals to effortlessly acquire USDD using their local fiat currency and traditional payment options. The partnership will also involve the future integration of On-Ramp services.

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 1% in the last 24 hours and currently trades at $0.01715. 

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.