Cross Integrates Alchemy Pay for Direct Fiat-to-Token Purchases

Cross Protocol has partnered with Alchemy Pay to create a payment environment that allows users to buy tokens directly with fiat currency.

The integration adds an on-ramp function to the Cross Protocol ecosystem, enabling users worldwide to trade the native token CROSS ($CROSS) in the integrated wallet Crossx without complicated exchange sign-ups or asset transfer procedures.

Alchemy Pay will handle payment and know-your-customer procedures for the on-ramp. Supported fiat currencies include the U.S. dollar, euro, Singapore dollar, and Hong Kong dollar.

Nexth CEO Jang Hyun-kuk said that breaking down barriers to entry is key to popularizing blockchain. He believes the Alchemy Pay integration will create entry routes using traditional payment methods and expand user convenience-focused infrastructure, strengthening the competitiveness of the Cross platform.