4/29/2023 0 Comments Jd.com ecny wechat payBy providing standard fiat channels we can allow users to enter the ecosystem directly. John Tan, Alchemy Pay’s CEO, explained, “We like the idea that people will have an easy experience when they come to blockchain and DApps. Despite the flexibility and speed of the Avalanche network, a major factor behind adoption is the ability to bring in new users who don’t necessarily have blockchain expertise. The integration with Alchemy Pay aids Avalanche developers because it enables applications hosted in the Avalanche protocol to onboard users via direct fiat on-ramps for traditional payment platforms with the likes of Visa, Mastercard, PayPal, and multiple local payment channels around the world. Avalanche makes launching DeFi applications simple and makes it possible to deploy customised blockchains that fit an application’s needs. It offers compatibility with the Ethereum Virtual Machine, meaning developers can seamlessly port applications from Ethereum. This year, it has seen a huge growth in activity by attracting developers to create a thriving decentralized finance ecosystem. Avalanche also announced they will be joining Alchemy Pay as a founding member of the Blockchain Infrastructure Alliance.Īvalanche is a layer-1 blockchain that aims to digitise the world’s assets on what is currently the fastest smart contracts platform in the industry. Alchemy Pay is a payment solution that bridges fiat and crypto economies and it will now offer support for Avalanche’s public blockchain’s native token AVAX for payments. Avalanche has announced the integration of flexible fiat payment on-ramps on their network, thanks to a new integration with Alchemy Pay.
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