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TON Foundation Partners With Alchemy Pay for Toncoin Integration

The TON Foundation, in charge of the TON Network, has announced its native digital token Toncoin (TON) is now available on Alchemy Pay. The integration aims to bridge the gap between the digital token economy and traditional payment economy.

Alchemy Pay is a market leader in bridging the gap between cryptocurrency and fiat currencies worldwide, working with major credit cards, online banking, and mobile payment systems. The partnership could be disruptive in the cryptocurrency industry.

Alchemy Pay Ramp Solution facilitates a smooth transition between fiat currency and cryptocurrencies, accepting payments in 173 countries and remitting to customers in over 50 local fiat currencies.

The TON network's layer-1 design allows for millions of transactions to be processed almost instantly, making the partnership potentially disruptive to mainstream and crypto payments markets.

Toncoin Toncoin $5.83
+1.72%
Cryptocurrency
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