YIBI Digital Asset Exchange and Alchemy Pay Partner For Fiat Onboarding
The YIBI crypto exchange has launched the Alchemy Pay online payment solution on its platform. Alchemy Pay’s payment ramp supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets. The ramp integration makes it easier for the public to access crypto, NFTs, and Web3 services via YIBI’s exchange.
Since its establishment in 2019, YIBI has launched over 90+ trading pairs. It provides services for 300,000 customers in 15 regions around the world. YIBI is notable as the first digital asset trading platform to obtain the MSB license in the United States. Its vision is to create the most easily operable social trading platform, where global users can freely communicate, trade, and create their own digital identity and Web3 community.
Alchemy Pay (ACH) has become a specialist in providing solutions that give crypto and Web3 services with access to fiat payments for mainstream accessibility. With 300+ fiat payment channels, its ramps are able to go beyond cards and access local mobile wallets. In Southeast Asia, where many people struggle to get banking services, these wallets have become ubiquitous. In the Philippines, for example, GCash has over 40million users.
The teams from Alchemy Pay and YIBI share similarly impressive backgrounds in traditional finance and commerce. YIBI’s team comes from experience at Microsoft, Amazon, and Tencent, while Alchemy Pay’s founders come from Paypal, Mastercard, and HSBC.
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