Decentralized Trading Platform DODO Launches Alchemy Pay’s Ramp Solution for Frictionless Purchases

DODO, an algorithm-driven and decentralized trading platform, has launched Alchemy Pay’s on & off ramp solution on its platform.

Alchemy Pay’s payment ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.”

The ramp integration “makes it easy for the public to access DODO and adds flexibility when users withdraw and deposit their funds.”

Alchemy Pay (ACH) has “become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility.”

This is thanks “to Alchemy Pay’s network which boasts an impressive 300+ fiat payment channels.” With 300+ fiat payment channels, its checkouts “are able to go beyond cards and access local mobile wallets.” Through its remittance partners, Alchemy Pay’s ramps also facilitate convenient offboarding “from crypto to fiat with remittance capabilities to bank accounts in 50+ fiat currencies.”

DODO provides “both its own liquidity and aggregated liquidity from other decentralized exchanges.” As a decentralized trading platform that uses the innovative Proactive Market Maker (PMM) algorithm, DODO traders are “ensured the best Web3 asset prices from deep on-chain liquidity.”

With its ramp solution, Alchemy Pay’s payment network is now “offering a D2C solution on DODO’s platform.” The ramp makes “buying and selling crypto with domestic local currencies as easy as a transaction on Amazon or eBay.”

As noted in the update, DODO is “a decentralized trading platform that uses the innovative Proactive Market Maker (PMM) algorithm to provide efficient on-chain liquidity for Web3 assets, making it easy for everyone to issue and trade these assets.”

In another update, it was revealed that Alchemy Pay announced its partnership with CNHC, which claims to be the world’s largest CNH (Offshore Chinese Yuan) stable currency ecosystem.

With this partnership, CNHC will “become a part of Alchemy Pay’s ecosystem and leverage its on and off ramp solutions to enable users to buy or sell CNHC using various global fiat currencies.”

CNHC also will be “listed on Alchemy Pay’s ramp, which provides support to add payment scenarios and facilitate seamless transfer of CNHC between the traditional finance and crypto world.”

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