Alchemy Pay’s fiat-crypto On-Ramp has been integrated into YouSUI’s platform to allow users to make direct fiat to crypto purchases with local fiat currencies and multiple payment methods.
The Off-Ramp solution has gone live “on its platform as well, which facilitates the effortless selling of crypto assets and remit funds to bank accounts in over 50 fiat currencies.” Through this integration, YouSUI will leverage Alchemy Pay’s ramp services, “bringing the next level of convenience to access digital assets for a wider audience worldwide.”
Alchemy Pay claims it “has a proven track record of great payment capability that it supports payments with Visa, Mastercard, Discover, Diners Club in 173 nations, and it also accepts Google Pay, Apple Pay, multiple domestic transfers, and popular mobile wallets in emerging markets.”
With high conversion rates, low fees, and fast, simple KYC, and over 300 alternative local payment channels, the ramp “makes buying and selling crypto with domestic local currencies as easy as any other regular online payment.”
In this way, Alchemy Pay says that it “has become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility.”
Significantly, Alchemy Pay has “obtained numerous licenses associated with payment services in various countries including the United States, Canada, Indonesia, and Lithuania. There are also additional licenses currently being pursued.”
Demonstrating its legitimacy in the traditional payments space, Alchemy Pay has been recognized by Visa and Mastercard as “an authorized third-party service provider. Its commitment to adhering to compliance and regulatory standards establishes it as a reliable fiat-crypto payment gateway, facilitating smooth transactions for both individual users and business partners.”
YouSUI operates as “an All-In-One platform within the Sui Network, strategically integrating features like Launchpad, DEX, Bridge, and NFT Marketplace to encourage users to fully engage within a singular ecosystem.”
This approach is intended “to promote widespread adoption of the SUI Network. Additionally, the platform will offer educational resources to guide users in exploring the intricacies of SUI. It will also extend support for development and foster incubation programs to encourage more developers and project creators to engage with YouSUI and the SUI Network.”
Through its collaboration with Alchemy Pay, “one of the industry’s leading fiat-crypto payment solution providers, YouSUI will be able to attract and onboard new users globally with greater ease.”
As noted in the update, YouSUI is an All-In-One platform “running on the Sui Network, featuring a comprehensive suite of services including a decentralized exchange (DEX), Launchpad, NFT marketplace, social platform, and bridge.”
This cohesive ecosystem reportedly “provides a seamless experience for users, enabling them to trade, participate in token launches, mint and trade NFTs, engage with the community, and bridge assets between different blockchains.”
