The cryptocurrency world continues to evolve rapidly, with stablecoins gaining more importance each day. Tether (USDT), one of the leading stablecoins, is determined to maintain its dominance through innovative moves and strategic altcoin partnerships. Once again, Tether has caught the attention of the crypto space by announcing a key partnership with the crypto payment platform Alchemy Pay. Meanwhile, another altcoin project has revealed a critical partnership.
Alchemy Pay and Tether’s Altcoin Collaboration
This partnership has garnered significant interest from both investors and users in the crypto community. Alchemy Pay, in collaboration with Tether and Tether Gold, aims to provide users with various advantages. One of the most notable aspects of this partnership is the opportunity for users to convert VND (Vietnamese Dong) into Tether Gold’s XAUT token without any fees for a limited time. This initiative will make it easier for users to access Tether Gold tokens.
Alchemy Pay’s Announcement
Alchemy Pay shared the details of this collaboration via its X account, explaining that users will be able to convert VND into XAUT tokens without paying any fees during this promotional period. This innovative move offers a major opportunity, particularly for crypto users in Vietnam. The zero-fee conversion allows users to access Tether Gold more easily, lowering their costs to enter the crypto market.
ACH Price Rises
As with many major developments in the crypto world, this news has also impacted the market. The announcement of the partnership between Alchemy Pay and Tether was met with excitement from investors. As a result, the price of Alchemy Pay (ACH) saw a noticeable increase. Strategic partnerships like these boost investor confidence in the relevant token, creating a positive atmosphere in the market.
Tether, already one of the most widely used stablecoins globally, continues to lead with innovative projects and partnerships. This collaboration further solidifies Tether’s influence in the crypto space. Additionally, the partnership with Tether Gold signals that Tether is expanding its activities into new areas.
Oasys and SK Telecom: A Strong Partnership in South Korea
Another notable development alongside the Tether-Alchemy Pay partnership is the collaboration between Japan-based gaming blockchain Oasys and South Korean telecommunications giant SK Telecom. Through its subsidiary SK Planet, SK Telecom will help Oasys expand its presence in South Korea, potentially bringing “millions of users” into the Oasys gaming ecosystem. With SK Planet’s large user base, including its 28 million members of the OK Cashbag rewards platform and over 75,000 affiliated stores, Oasys will significantly enhance its reach in the South Korean market.
As part of the collaboration, SK Planet will become a validator for Oasys, allowing users to stake their OAS tokens directly on the SK Planet node. Additionally, SK Planet’s digital wallet, UPTN Station, will integrate with Oasys Hub, making it easier for users to access the platform. This expansion has sparked significant interest in the crypto world, and following the news of the partnership, the Oasys (OAS) token surged from $0.041 to $0.048.
