crypto.news 2025-04-16 06:39:50

Ethena Labs teams up with Alchemy Pay to enable fiat on-ramps for USDe and ENA

Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods. Alchemy Pay, a Singapore-based fiat-to-crypto payments provider, has partnered with Ethena ( ENA ) to enable users to buy Ethena’s synthetic stablecoin USDe and its native token ENA, using regular payment methods like Visa, Mastercard, Apple Pay, Google Pay, and more. 🤝Alchemy Pay and @ethena_labs have partnered to simplify crypto access! Get $USDe & $ENA tokens with ease, directly from fiat, via popular payment methods like Visa & Mastercard. Hop into the #Ethena ecosystem with smooth crypto on-ramps powered by #AlchemyPay !… pic.twitter.com/GIIVIiTj4i — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) April 15, 2025 Alchemy Pay has already integrated into the Ethena Swap portal, giving users in over 173 countries a simple way to convert their local currency into USDe or ENA. With support for over 50+fiat currencies, this integration removes a major barrier to entry, allowing people to access and use Ethena’s ecosystem without the need to go through centralized exchanges or deal with wallet transfers. You might also like: News Ledger integrates Alchemy Pay’s on & off-ramp into Ledger Live By integrating with Alchemy Pay, Ethena is following in the footsteps of other major players that have already incorporated Alchemy Pay’s on and off-ramp solutions to facilitate the purchase and sale of its assets. For example, in May last year, decentralized staking protocol Lido integrated Alchemy Pay’s on and off-ramp services to facilitate the purchase and sale of stETH using fiat currencies. Around the same time, Metis, an Ethereum ( ETH ) Layer 2 blockchain, partnered with Alchemy Pay to integrate its on and off-ramp solutions to enable users to purchase Metis’s native token, METIS, using local fiat currencies and payment methods like Visa and Mastercard. Most recently, Alchemy Pay has expanded its on-ramp support to support for Hedera ( HBAR ). You might also like: News Alchemy Pay enables fiat on-ramp for HBAR and USDC on Hedera

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