The Algorand Foundation is pleased to announce an integration with Coinify, enabling consumers to pay using USDC on Coinify’s payment gateway. Coinify customers can now also utilize USDC on Algorand for merchant settlements.
Coinify is a crypto payment gateway that helps thousands of merchants accept crypto payments. The integration enables consumers to pay with USDC on Algorand via Coinify’s payment gateway. At checkout, consumers can now select “USDC on Algorand” as their payment method. Additionally, merchants can now receive settlements from Coinify in USDC on Algorand after a customer pays with any supported cryptocurrency.
Advancing adoption of stablecoin payments
The integration with Coinify creates an additional pathway for stablecoin payments on Algorand. USDC on Algorand offers merchants the dual advantage of USDC's trusted stability combined with Algorand’s security, instant finality, and low transaction costs.
In line with Algorand’s emphasis on real-world solutions, the Coinify integration, leveraging USDC on Algorand, supports greater adoption of stablecoin payments and creates opportunities to expand USDC payments on Algorand globally.
To learn more and start your journey on Algorand, visit algorand.co.
About Coinify
Coinify is a fintech company founded in Denmark in 2014 that builds payments infrastructure for digital assets. It offers a suite of products, including payment processing services, individual and corporate trading, and enterprise services via the Coinify API. The company holds licenses or registrations with bodies such as FSA (Denmark), FINCEN (USA), and OAM (Italy), which give coverage in more than 170 countries around the world.
To learn more about Coinify products, visit coinify.com.
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