Singapore-based crypto on and off-ramp solutions provider, Alchemy Pay, is making waves in the European crypto landscape with its latest strategic move. With the aim of promoting widespread cryptocurrency adoption and enhancing user experiences, Alchemy Pay has successfully integrated several European local payment channels, including Bancontact in Belgium, iDEAL in the Netherlands, and globally accessible options like Skrill and Neteller, enabling seamless crypto transactions using the euro.
Adding to its impressive list of supported currencies, Alchemy Pay now offers support for the Polish zloty (PLN), allowing Polish users to access digital assets through their preferred local e-wallet, BLIK.
Founded in 2017 and based in Singapore, Alchemy Pay has quickly established itself as a trailblazer in emerging markets, gaining significant traction in Latin America and Southeast Asia. Its comprehensive support for various popular cryptocurrencies, particularly Shiba Inu (SHIB), has resulted in noteworthy adoption breakthroughs. In a notable instance, SHIB became an accepted payment method at Burger King in Paris earlier this year, showcasing the real-world utility of digital assets. This trend of adoption is not limited to SHIB, as major cryptocurrencies like Bitcoin and Ethereum are also experiencing increased acceptance through similar partnerships.
With an extensive network encompassing over 300 fiat payment channels across 173 countries, Alchemy Pay remains steadfast in its commitment to simplifying the onboarding process and driving the acceptance of cryptocurrencies. As the European Union strives to create a unified digital market, Alchemy Pay’s strategic expansion into Europe marks a significant step toward realizing this vision.
