Alchemy Pay, a fiat-crypto payment gateway, has joined forces with Hedera and integrated Hedera’s native $HBAR and $USDC into its On-Ramp solution, enabling fiat purchases of these assets via credit cards, bank transfers, and local payment methods.
By joining forces, Alchemy Pay and The HBAR Foundation are “lowering the barriers to entry for users looking to engage with the Hedera network.”
Through Alchemy Pay’s seamless fiat-crypto payment gateway, users can now purchase HBAR and USDC on Hedera with “greater convenience, security, and compliance, accelerating the growth of the Hedera ecosystem and expanding its global reach.”
Governed by the world’s organizations, Hedera provides “the trust layer of the digital economy, offering a high-performance, secure, and sustainable distributed ledger technology (DLT) network.”
Through its enterprise-grade credentials, Hedera has emerged as an enabler of institutional Real-World Asset (RWA) tokenization and AI “whilst also fostering a growing DeFi economy.”
As a fiat-crypto payment provider, Alchemy Pay has built a “global infrastructure, supporting 50+ fiat currencies and providing localized payment solutions across 173 countries.”
In 2024, it recorded “3M registered users, 8M transactions, and 3X growth, reinforcing its role as a key bridge between traditional finance and Web3.”
With regulatory approvals in key markets including the UK, Switzerland, U.S., Canada, Australia, South Korea, Indonesia, and Lithuania, and “a network of 300+ payment channels, Alchemy Pay continues to set the standard for globally accessible, compliant, and efficient crypto payments.”
As covered, The HBAR Foundation supports the creation of Web3 communities built on the Hedera network, by “empowering and funding the builders developing these communities.”
The Foundation’s six funds — focused on the Crypto Economy, Metaverse, Sustainability, Fintech, Privacy, and Female Founders — each “support communities within those areas, and the interconnectedness enables applications to participate as part of a larger ecosystem.”
The collective power of these funds enables entrepreneurs, developers, and enterprises to tackle some of the problems and “create and control their economies, all built on the Hedera public network.”
Governed by a council of institutions, Hedera is described as “a high-performance, secure, and sustainable public, permissioned DLT network.”
It enables tokenization of real-world and digital assets with “performance, security, and compliance.”
From security tokens to NFTs, Hedera notes that it empowers the creation of “diverse” asset types by providing enterprises and developers with “open-source tools to unlock illiquid assets and drive the evolution of financial markets.”