The MOVE token from Movement Network has been integrated into the payment gateway of Alchemy Pay as part of its fiat on-ramp solution. This enhancement through the integration makes MOVE tokens more accessible because users can acquire them through Visa and MasterCard payments in addition to mobile wallets and bank transfers.
A recent X post showed how Alchemy Pay continues its mission of connecting traditional currency systems to digital assets through their new integration. Through its partnership, MOVE seeks to draw mainstream users and investors by accepting fiat currency payments.
Alchemy Pay Expands Global Reach with Services
The company was established in 2017 and now expands its business across 173 nations through its 300 payment channel services. Through its service range, the company provides both on-ramps and off-ramps for fiat currency settlements and Web3 digital banking solutions, together with NFT checkout possibilities. The company maintains regulatory compliance through major jurisdiction licenses, including U.K., U.S., Canada, Indonesia, and Lithuania.
MOVE functions as the key native cryptocurrency on Movement Network, which Movement Labs operates as their blockchain platform. Developers of decentralized applications (dApps) can benefit from instantaneous and final transactions through the Move programming language, which acts as the foundation of this network. The flexible network design of this system enables developers to adjust and optimize its functionality for multiple blockchain applications.
The partnership between Alchemy Pay and Movement Labs established a new link between fiat money and cryptocurrencies, which boosts MOVE token functionality throughout cryptocurrency market sectors.
