Hassan Maishera
The Alchemy Pay team announced via a blog post on Wednesday that TrustWallet has launched its On and Off-Ramp solution for its wallet. This latest development allows users to use their preferred fiat payment methods to purchase crypto and fund their wallets, as well as sell crypto back to fiat currency.
The integration allows users to have more on and off-ramps solutions, which accelerate web3 adoption by lowering the entry barrier for retail users. Trust Wallet users now are able to easily convert between crypto and fiat by using various international and local payment methods, with more than 30 fiat currencies and 10 million cryptocurrencies across over 100 blockchains supported.
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 $0.02003.
