Ethena Labs teams up with Alchemy Pay to enable fiat on-ramps for USDe and ENA
Alchemy Pay has teamed up with Ethena Labs to allow direct purchases of Usde and ENA Fiat using regular payment methods.
ALCHEMY PAY, a supplier of Fiat-to-Crypto payments based in Singapore, a in partnership With Ethena (This one) To allow users to buy USDE Synthetic Stablecoin from Ethena and her native ENA token, using regular payment methods such as Visa, Mastercard, Apple Pay, Google Pay, etc.
Alchemy Pay has already joined the Ethena exchange portal, giving users in more than 173 countries a simple way to convert their local currency into USDE or ENA. With the support of more than 50 fiduciary currencies, this integration removes a major obstacle to the entrance, allowing people to access and use the Ethena ecosystem without having to go through centralized exchanges or manage wallet transfers.
By integrating to Alchemy Pay, Ethena follows in the footsteps of other major players who have already incorporated alchemy solutions on and out of ramp to facilitate the purchase and sale of its assets.
For example, in May of last year, the Decentralized Lido Decentralized Protocol integrated ALCHEMY PAY’S on and Off-Ramp Services to facilitate the purchase and sale of STETH using fiduciary currencies. Almost at the same time, Métis, a Ethereum (Ethn) Layer 2 blockchain, in partnership With Alchemy Pay to integrate their solutions on and off the ramp to allow users to buy the native token of metis, the Métis, using local fiduciary currencies and payment methods as a visa and mastercard. More recently, Alchemy Pay has extended His support on the hedera support ramp (Hbar).
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