Sei Network's $SEI has now integrated with Alchemy Pay's fiat on-ramp solution, enabling users to seamlessly purchase the token through their preferred fiat payment methods. This collaboration further enhances Alchemy Pay's reputation for bridging mainstream finance and cryptocurrencies, a feat it has achieved previously to facilitate Web3 and crypto services for its partners. Alchemy Pay, known for its rigorous regulatory compliance and supported by Mastercard and Visa, operates in 173 countries and accepts various payment methods, including Google Pay and local wallet providers.

The partnership between Sei Network and Alchemy Pay is significant, given Sei's reputation as the fastest blockchain for layer-1 trading solutions. With a track record of supporting industries such as DeFi, Gaming, and NFTs, Sei has garnered investments from prominent firms like Flow Traders, Coinbase, and Goldman Sachs. Jeff Feng, Sei Network's co-founder, expressed optimism about the collaboration, emphasizing its potential to connect with fiat currencies and enhance the scalability of decentralized applications for developers, users, and businesses within the ecosystem.

As for the SEI token, it is currently trading at $0.1171, with recent integration with Alchemy Pay expected to potentially drive its momentum in the future. The trading volume stands at around $32.56 million, indicating significant market activity. Alchemy Pay, known as ACH, aims to facilitate fiat-to-crypto transactions for various stakeholders, including institutions, developers, and merchants, through seamless onboarding and on-ramp processes.

The integration of $SEI into Alchemy Pay's platform under the Sei Network partnership is poised to benefit users in the foreseeable future.