Alchemy Pay and Ethena Labs have announced a partnership that simplifies the cryptocurrency purchasing process for users around the world.
Alchemy Pay and Ethena Labs Partnership
Alchemy Pay, a provider of fiat-to-crypto payment solutions, has partnered with Ethena Labs to simplify the purchasing of Ethena's synthetic stablecoin USDe and its native token ENA using regular payment methods.
Simplifying Access to Cryptocurrency
Integration of Alchemy Pay into the Ethena Swap portal offers users in over 173 countries the ability to convert their local currency into USDe or ENA. Support for over 50 fiat currencies helps eliminate major entry barriers to the Ethena ecosystem, allowing users to avoid centralized exchanges and wallet transfers.
Examples of Alchemy Pay Integration
Alchemy Pay has previously integrated with other projects like Lido and Metis, which leveraged its solutions to facilitate purchasing their tokens using fiat currencies. These examples highlight how Alchemy Pay contributes to easier access to cryptocurrency assets.
The partnership between Alchemy Pay and Ethena Labs demonstrates a trend towards simplifying access to cryptocurrencies by providing convenient ways for users to make purchases without the need for traditional exchanges.
