Alchemy Pay Slashes Friction with PayID—Now Pumping Crypto Directly to Aussie Bank Accounts
Crypto’s borderless promise finally meets real-world banking—no SWIFT gymnastics required. Alchemy Pay’s PayID integration cuts the middleman, letting users shove digital assets straight into Australian accounts. TradFi banks hate this one trick.
For a finance sector still clinging to 3-day settlement windows, this move is either revolutionary or a regulatory timebomb. Either way, it’s a win for crypto’s ’be your own bank’ crowd—assuming the banks don’t pull the plug first.