Alchemy Pay Adds Support for Celo-Native USDC and USDT

Twitter icon  •  Published 7 months ago on June 4, 2024  •  Hassan Maishera

Alchemy Pay has extended support to Celo, a mobile-first and EVM-compatible blockchain network fast becoming the ecosystem of choice for stablecoins and real-world asset (RWA) use cases.

Alchemy Pay Adds Support for Celo-Native USDC and USDT

The Alchemy Pay team announced via a blog post on Monday that it had extended support to Celo, a mobile-first and EVM-compatible blockchain network fast becoming the ecosystem of choice for stablecoins and real-world asset (RWA) use cases. 

With Circle's USDC and Tether's USDT both natively deployed on Celo mainnet, Alchemy Pay now facilitates the acquisition of USDC and USDT on Celo via local fiat currencies and regular fiat payments, available in 173 countries with 50+ fiat currencies supported. 

This integration brings USDC and USDT to the Celo ecosystem, which boasts over 1,000 partners in 150 countries. This means that Alchemy Pay now offers seamless support and easy access, making it simple for both seasoned crypto enthusiasts and newcomers to onboard Celo-USDC and Celo-USDT.

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 3% in the last 24 hours and currently trades at $0.02916. 

Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is down by 1% in the last 24 hours and is currently trading at $0.8080.

Tether to Relocate Headquarters to El Salvador After Securing Operating License
Next article Tether to Relocate Headquarters to El Salvador After Securing Operating License

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.