Alchemy Pay (ACH) is a hybrid crypto-fiat payment infrastructure designed to bridge the gap between digital and traditional currencies. It offers merchants and customers various settlement options for both cryptocurrencies and fiat currencies, enabling seamless integration of blockchain transactions with the conventional financial system.
Alchemy Pay operates primarily through the Ethereum blockchain, using ERC-20 tokens for its native ACH token. The platform is launching its own Layer-1 blockchain, known as Alchemy Chain, which will utilise a Trusted Proof-of-Authority (TPoA) consensus mechanism for efficient transaction validation. Alchemy Pay incorporates smart contracts and Layer-2 solutions to enhance payment scalability and enable smooth integration with existing payment infrastructures.
Alchemy Pay facilitates real-world applications of cryptocurrencies across various domains. Potential use cases include:
Founded in 2018 in Singapore, Alchemy Pay was established by former employees of PayPal, HSBC, and Mastercard. Since its launch, it has developed a crypto-fiat acceptance system and formed numerous partnerships with prominent companies, such as Shopify and Checkout.com. The company continues to expand its global presence, integrating its payment solutions with major blockchain networks and collaborating with partners to enhance its offerings.
The Alchemy Pay price is $0.05966429 AUD, representing a +8.12% from the day prior.
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The trading volume of Alchemy Pay (ACH) is $178.4M AUD in the last 24hrs, representing a +8.12% from the day prior.
Alchemy Pay (ACH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Alchemy Pay (ACH) is $293.0M AUD.
Yes - With Coinstash you can convert your Alchemy Pay (ACH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Alchemy Pay (ACH) is 4.9B.
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