Summary
- Alchemy Pay announced that a strategic partnership was formed with Ripple.
- Alchemy Pay stated that it will support fiat on-ramp accessibility through RLUSD.
- It was reported that users in over 173 countries will be able to easily purchase RLUSD through the Alchemy Pay network.
The cryptocurrency payment solution Alchemy Pay (ACH) has entered into a strategic partnership with Ripple.
On the 17th (local time), Alchemy Pay announced via a press release, "We have entered into a strategic partnership with Ripple" and added, "We will support accessibility to fiat on-ramps through Ripple USD (RLUSD)." Furthermore, they stated, "In the future, users in over 173 countries will be able to easily purchase RLUSD through Alchemy Pay's fiat-cryptocurrency payment network," assessing this as "significant progress in the adoption of Ripple's stablecoin."
Meanwhile, RLUSD is a dollar-based stablecoin issued by Ripple.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
