May 24, 2:00 pm
| | STEPN's GMT Token Supported by Alchemy Pay for Real-World Spending
PRESS RELEASE. The leading fiat-crypto payment solutions provider, Alchemy Pay (ACH) and the web3 app, STEPN (GMT), have announced a new collaboration. STEPN's GMT token is now supported for use on Alchemy Pay's hybrid fiat-crypto payment system that enables it to be spent at over 2 million merchant partners, online and offline, in more than 70 countries worldwide.
STEPN is a web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements. Built around an essential daily activity of movement and exercise, STEPN is the first project to effectively bring to life a functioning 'move & earn' concept. Users equip themselves with NFTs in the form of running shoes. By walking, jogging, or running outdoors, users earn token and NFT rewards.
Alchemy Pay CEO, John Tan said, 'We are focused on supporting the global adoption of innovative projects like STEPN that promote positive new possibilities for people around the world. By integrating their GMT token we are enabling holders and STEPN users to benefit from real-world spending.'
STEPN's Chief Revenue Officer, Shiti Rastogi Manghani, said of the partnership: 'We are delighted that Alchemy Pay is now giving our users the ability to spend thei...
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