The Alchemy Pay team announced via X (formerly Twitter) on Thursday that the Web3 tool DEFED has deployed AlchemyPay's On-Ramp solution on its platform. The deployment provides users with a seamless, convenient, and secure method to acquire crypto using their preferred fiat payment options. The Off-Ramp service on DEFED is set to go live in the upcoming days, the team added.
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 3% in the last 24 hours and currently trades at $0.01299.