Core, a Bitcoin-powered, EVM-compatible L1 blockchain that combines delegated Proof-of-Work and delegated Proof-of-Stake, has integrated Alchemy Pay as a ramp service provider within its ecosystem for easy fiat-crypto onramping and offramping. Both developers and users within the Core ecosystem can now easily access Alchemy Pay’s On & Off-Ramp services through the platform’s “Explore-Ecosystem” portal, specifically under the “Ramp” category. Now, Core users throughout the world can conveniently buy and sell crypto directly with their preferred local fiat currency methods.
This collaboration also includes the integration of Core’s native token $CORE on Alchemy Pay Ramp platform, which expands accessibility and enhances user experiences for those seeking to interact with $CORE through fiat payments.
Core is a Bitcoin-powered, Bitcoin-aligned, EVM-compatible layer 1 blockchain built around a unique consensus mechanism called “Satoshi Plus”, which unites Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS). Through this combination, Core Chain incorporates Bitcoin miners in the security of Turing-complete smart contracts, unlocks the functionality and utility of those miners beyond the simple maintenance of the Bitcoin ledger, and provides them with purely additive supplemental income in the form of CORE token rewards.
Alchemy Pay’s On-Ramp is highly regarded for its great compatibility across multiple blockchain networks and its ability to facilitate straightforward fiat-based purchases. With operations spanning across 173 countries and backing over 50 fiat currencies, Alchemy Pay’s global reach ensures users can procure cryptocurrencies through a selection of 300+ global payment methods. These include well-known options such as Visa, Mastercard, Apple Pay, and Google Pay, alongside localized mobile wallets and domestic bank transfer. This robust payment infrastructure guarantees Core users of a smooth checkout process for transactions involving fiat and cryptocurrencies.
To expand its range of services, boost transaction success rates, and streamline operational processes, Alchemy Pay is actively pursuing licenses in numerous countries and regions. These include various states within the United States, the UK, Canada, Indonesia, and Lithuania, with plans for acquiring over 20 licenses in upcoming locations such as Hong Kong, the U.S., and Singapore. This strategic pursuit underscores Alchemy Pay’s commitment to compliance and regulatory standards, further solidifying Alchemy Pay’s leading position within the crypto payment sector.
About Core
The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-Compatible smart contracts. With ~55% of Bitcoin mining hash power contributing to Core’s security in exchange for unlocking Bitcoin utility and rewards, Core Chain is the most Bitcoin-aligned EVM blockchain (BTCfi, Bitcoin staking, and more).
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Enquiries for Plugin & API Integration
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via email at ramp@alchemypay.org or the website https://alchemypay.org/contact
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