Singapore, November 15, 2021 – The Tron Foundation (TRX), the world’s largest blockchain decentralized application operating system, and crypto-fiat hybrid payment solutions provider, Alchemy Pay (ACH), have announced a collaboration. Alchemy Pay plans to integrate the TRX token in its crypto-fiat global gateway. This partnership will also include the Tron Foundation’s support for Alchemy Pay in providing technical resources and cross-community promotion, as well as other ecodevelopment initiatives to foster collaboration between Alchemy ecosystems and TRON.
After the success of trading TRX tokens using Bit.Store, an Alchemy Pay-powered crypto investment platform, this partnership was made possible. Bit.Store is a popular crypto trading platform for new investors. It has over 500,000 users worldwide, including in Australia, Canada and Hong Kong. The platform leverages Alchemy Pay’s fiat payment rails to enable direct fiat-to-crypto investment, including Visa, Mastercard, PayPal, and local payment channels such as OVO and Dana mobile wallets, and cross-border bank transfers.
Alchemy Pay is integrating the TRX token into its payment platform, which will allow TRX to be more liquid across various investment platforms like Bit.Store. This will allow TRX to be accepted as a form of payment across Alchemy Pay’s merchant network.
As part of the collaboration, Tron Foundation and Alchemy Pay will join the Blockchain Infrastructure Alliance – as founding members – which comprises a growing list of blockchain industry leaders, including crypto exchanges, stablecoin issuers, and DeFi platforms. It will work together to promote the development and growth of blockchain technology and acts as an incubator for innovative projects. Information about Blockchain Infrastructure Alliance is available at www.bia.network.
TRON (TRX) is the world’s largest blockchain decentralized application operating system, providing high-throughput, high-scalability, and high-reliability underlying public chain support for the operation of decentralized applications on the protocol. TRX has been listed on more than 130 exchanges, linking millions of value investors around the world, and is one of the world’s most valuable cryptocurrencies.
Alchemy Pay (ACH).
Alchemy Pay is the inventor of the world’s first hybrid fiat and digital currency gateway solution for businesses and investors. Alchemy Pay enables seamless fiat and crypto acceptance for developers and merchant networks. It also powers adoption blockchain technology, making it easy to access DeFi and crypto investments by consumers and institutions within the fiat economy.
Alchemy Pay is currently present in 65 countries/regions and can touchpoint with over 2 million merchants via partnerships with industry giants like Binance, Shopify and Arcadier.
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