In a significant advancement for Ethereum Classic (ETC) users, Alchemy Pay has joined forces with ETC Grants DAO (EGD) to offer a seamless fiat on-ramp service.
The partnership is ultimately designed to ease access to ETC by enabling fiat purchases with Visa, MasterCard, mobile wallets, and banking account payments. The combination of services should automate purchases, while guaranteeing compliance and user productivity.
The world-recognized fiat payment gateway services of Alchemy Pay guarantees that customers all over the world are able to facilitate their fiat currency into cryptocurrencies.
With this partnership, Alchemy Pay services will be able to be integrated on a variety of high-profile community platforms, such as etcgrantsdao.io and ethereumclassic.org. Furthermore, the initiative will enable direct ETC buys on the Alchemy Pay Ramp website.
Beefing Up ETC’s Worldwide Presence
The cooperation formed by Alchemy Pay and ETC Grants DAO demonstrates common value for promoting blockchain accessibility and decentralization.
Then also there is Ethereum Classic, which is staying true to decentralization and immutability as a core value set, the blockchain which is often hoisted as the original Ethereum blockchain where “Code is Law!”
Leading this partnership is not only an expansion of ETC’s applications and its accessibility to a global audience, but aligns with the ethos of ETC that continues to cherish immutable, decentralized blockchain interactions.
#AlchemyPay’s On-Ramp solution is now live on @ETCGrantsDao for easy #ETC purchase.
Through the portal on EGD website, community members can conveniently and securely obtain $ETC using their preferred fiat payment methods and currencies.https://t.co/1vt4buFK0p$ACH pic.twitter.com/gP2NRXyhlX
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 14, 2024
In addition, what Alchemy Pay plays is more than just a payment gateway. As a result, boasting a global license in the UK, USA, Canada, Indonesia, Lithuania, and completing the necessary logical layout for users to easily transfer to domestic countries.
These are credentials of great importance, as necessary to drive cryptocurrency adoption at scale, while at the same time ensuring comprehensive security for both end-users and partners.
While ETC Grants DAO is hard at work moving the Ethereum Classic ecosystem forward. Funded by major industry players such as BITMAIN, ANTPOOL, and the ETC Cooperative, the DAO works to support the ETC related infrastructure and the longevity of ETC.
ETC Grants DAO is fundamental in the development of the ETC ecosystem, it serves as the backbone of ETCs efforts to support developers and enthusiasts of the community.