Manta Network, a modular blockchain designed for zero-knowledge (ZK) applications, has partnered with Alchemy Pay. It will introduce an efficient solution for On and Off-Ramp services within its ecosystem. Moreover, this collaboration aims to streamline the process of purchasing and selling cryptocurrencies for users across the globe. It also leverages Alchemy Pay’s expertise in payment solutions.
Alchemy Pay Integration Boosts Crypto Accessibility on Manta Network
Through Alchemy Pay, developers and dApps on Manta Network can seamlessly integrate the On and Off-Ramp solution into their platforms. This integration enables users to buy and sell crypto using their preferred payment methods and local fiat currencies. Additionally, it enhances accessibility and usability within the Manta Network ecosystem.
One significant aspect of this collaboration is the direct purchase option for $Manta with fiat on Alchemy Pay’s ramp page. $Manta plays a vital role within the Manta Network ecosystem. It serves functions such as governance, staking, collator delegation, network fees, and providing native liquidity and collateral.
Manta Network comprises a multi-modular ecosystem designed for ZK applications. It features two separate networks such as Manta Pacific and Manta Atlantic. Manta Pacific serves as a layer 2 ecosystem on Ethereum. It is tailored for EVM-native ZK applications, offering scalability and security for applications deployed using Solidity. Meanwhile, Manta Atlantic operates as a decentralized ZK Layer 1 by supporting modular on-chain compliance identities.
It supports over 300 local payment channels. This gateway ensures high conversion rates, low fees, and streamlined KYC procedures. It also simplifies the process of buying and selling cryptocurrencies with domestic currencies.
Alchemy Pay Recognized by Visa and Mastercard, Ensuring Secure Fiat-Crypto Transactions
The ramp solution provided by Alchemy Pay can be easily integrated across different platforms. It includes DeFi protocols, centralized exchanges (CEXs), NFT marketplaces, and wallets. This versatility allows for seamless transactions and enhanced accessibility to cryptocurrencies for users and developers alike.
Additionally, Alchemy Pay has obtained numerous licenses for payment services in various countries. They include the United States, Canada, Indonesia, and Lithuania, with additional licenses currently being pursued. Recognized by Visa and Mastercard as an authorized third-party service provider, Alchemy Pay adheres to compliance and regulatory standards. In this way, it ensures a reliable and secure fiat-crypto payment gateway experience for users and business partners.
