The Alchemy Pay team announced via a blog post on Tuesday that it has partnered with Takadao, a Shariah-compliant insurance on the blockchain, to introduce its direct On and Off-Ramp service on its platform. This latest development enables Takadao's users to conveniently acquire popular tokens like USDC, USDT, ETH, and ARB using fiat transactions. Notably, all these tokens are accessible on the Arbitrum network. This integration enhances Takadao's platform by offering a new level of accessibility, catering to both novice and seasoned users alike.
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 $0.01316.