Manta Network Introduces Alchemy Pay’s On and Off-Ramp on its Platform
Manta Network, the modular blockchain for zero-knowledge (ZK) applications, has collaborated with Alchemy Pay to introduce an efficient solution for On and Off-Ramp services within its ecosystem. By leveraging Alchemy Pay’s plugin, developers and dApps on Manta Network can seamlessly integrate the On and Off-Ramp solution, enabling users from across the globe to easily buy and sell crypto using their preferred payment methods and local fiat currencies.
As part of this collaboration, users will have the ability to directly purchase Manta Network’s native token, $Manta, with fiat on Alchemy Pay’s ramp page. This token plays a crucial role in bolstering Manta network’s ecosystem, serving various functions such as governance, staking, collator delegation, network fees, as well as native liquidity and collateral.
Manta Network comprises a multi-modular ecosystem designed for zero-knowledge (ZK) applications, featuring two separate networks: Manta Pacific and Manta Atlantic. Manta Pacific functions as a distinctive Layer 2 ecosystem on Ethereum, specifically tailored for EVM-native ZK applications. It offers a scalable and secure environment, enabling applications to deploy effortlessly using Solidity. On the other hand, Manta Atlantic operates as the fastest and most decentralized ZK Layer 1, supporting modular on-chain compliance identities.
Alchemy Pay’s payment gateway supports Visa and Mastercard payments in 173 countries, as well as Apple Pay, Google Pay, various domestic transfers, and popular mobile wallets in emerging markets. With its robust support for more than 300 local payment channels, the gateway ensures high conversion rates, low fees, and fast and simple KYC procedures. This makes buying and selling cryptocurrencies with domestic currencies as effortless as any other regular online payment. The ramp solution can be easily integrated across different platforms, including DeFi protocols, CEXs, NFT marketplaces, and wallets.
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.
About Manta Network
Manta Network is the modular ecosystem for zero-knowledge (ZK) applications. Manta Atlantic, the fastest ZK L1 chain, brings programmable privacy to web3 through compliant on-chain privacy and identity. Manta Pacific, the unique L2 ecosystem for EVM-native ZK applications, provides a scalable and inexpensive gas-fee environment for ZK applications to deploy simply using Solidity. Manta Network aims to deliver an unparalleled experience for the next generation of web3 application development and adoption with the applied usage of zero-knowledge cryptography.
About Manta Pacific
Manta Pacific is a Layer 2 ecosystem empowering EVM-native ZK applications with a scalable, cost-effective environment to deploy simply using Solidity. It is the first major OP-stack layer 2 (L2) chain to successfully transition to Celestia mainnet.
Try Now
Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/
On & Off-Ramp Enquiries
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact
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