Conflux Network, Alchemy Pay to Offer Fiat-Crypto Payment Services

Conflux Network, a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols, has teamed up with Alchemy Pay for easy fiat on-ramp to its ecosystem.

The on-ramp payment solution “enables users to purchase crypto via local fiat currencies, which will take Conflux’s ecosystem to a new level of mainstream-friendly accessibility to both newcomers and experienced users.”

With this collaboration, Alchemy Pay will help Conflux “to grow internationally and expand its global reach.”

Alchemy Pay’s payment gateway “supports payments with Visa and MasterCard in 173 nations, multiple domestic transfers, and popular mobile wallets in emerging markets.”

With high conversion rates, low fees, and fast, simple KYC, the ramp “supported by 300+ fiat payment channels makes buying and selling crypto with domestic local currencies as easy as any other regular online payment.”

Conflux Co-Founder and CTO Ming Wu said:

“This partnership marks a great milestone for Conflux Network as a blockchain without barriers. Alchemy Pay’s technology integration allows the on-boarding of million users into our ecosystem in an effortless and regulatory compliant way.”

Conflux is a permissionless Layer 1 blockchain “connecting decentralized economies across borders and protocols.”

Recently migrated to hybrid PoW/PoS consensus, Conflux says it “provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.”

As noted in the update, Conflux is “a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols.”

Recently migrated to hybrid PoW/PoS consensus, Conflux provides “a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.”

As the “only” regulatory-compliant public blockchain in China, Conflux provides “a unique advantage for projects building and expanding into Asia.”

Conflux has collaborated “with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.”

To learn more about Conflux, check here.



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