The live price of Alchemy Pay is - per (ACH / USD) with a current market cap of $226.69M USD. 24-hour trading volume is - USD. ACH to USD price is updated in real-time. Alchemy Pay is -% in the last 24 hours with a circulating supply of 9.04B.
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Alchemy Pay is a hybrid payment system focused on enabling both cryptocurrency and fiat payments for businesses. It supports crypto on-ramp and off-ramp services via Visa, Mastercard, PayPal, and over 200 local fiat channels. ACH is the native token of the project, used to pay network transaction fees.
As a cross-functional payment solution, Alchemy Pay seamlessly connects the fiat and cryptocurrency ecosystems, allowing users to complete payments easily using entirely different currencies.
The Alchemy Pay protocol supports networks that connect global consumers with merchants, developers, and institutions. Merchants can integrate Alchemy Pay’s platform to accept multiple fiat currencies and any form of cryptocurrency payments.
Alchemy Pay claims to be the world’s first hybrid payment system bridging the fiat and digital currency economies. The system was founded in 2018 in Singapore and later relocated its headquarters to San Francisco, California. According to its website and LinkedIn profile, the decentralized protocol supports the underlying infrastructure of popular crypto projects such as Augur, Cryptokitties, Kyber, Radar Relay, and OpenSea.
Today, Alchemy Pay states that it has established over 300 fiat payment channels in more than 70 countries or regions, allowing users to deposit and exchange over 100 types of fiat currencies within its network. According to the company’s website, the platform is capable of accepting any cryptocurrency.
Alchemy Pay has formed partnerships with numerous well-known institutions, including major financial players such as Visa, Mastercard, Discover, and Diners Club, as well as mobile payment solutions like Google Pay and Apple Pay, and various regional wallets and local transfer options.
The Alchemy Pay network cryptocurrency supports the operation of decentralized platforms. Alchemy Pay is fundamentally an ERC-20 token deployed on the Ethereum blockchain under the symbol "$ACH", and it can be used to trade with other Ethereum-based cryptocurrencies. ACH was later also released as a BEP-20 token, allowing for cross-chain transactions with BNB Chain assets without the need for intermediaries.
ACH is the native cryptocurrency of the Alchemy Pay network. It is used to pay for transaction fees within the protocol and to reward purchasers within the payment network. Additionally, ACH tokens are reportedly used for staking and gaining access to benefits, such as discounted transaction fees as an incentive.
Alchemy Pay was co-founded by renowned tech entrepreneur and blockchain industry leader Nikil Viswanathan, a computer scientist and Stanford University graduate. The creation of Alchemy Pay is backed by Stanford and supported by billionaire co-founders and investors from institutions like Charles Schwab, Reid Hoffman, and Google’s leadership. The current CEO of Alchemy Pay is John Tan, known as the “growth master,” with over eight years of experience in business development.
Alchemy Pay is deployed on the Ethereum network and relies on Ethereum’s underlying blockchain security to ensure the safety of its network. The platform has since expanded to BNB Chain and other networks, using the same approach for security and validation.
Alchemy Pay’s uniqueness lies in its advanced hybrid payment solution, which effortlessly bridges traditional fiat and digital currency ecosystems, enabling multifunctional transactions with global merchants.
The Alchemy Pay network is built on a foundational infrastructure that offers a rewards platform for merchants, consumers, and developers to interact and build a practical payment network.
The maximum supply of ACH tokens is 10 billion. As of this writing, the total circulating supply is 6,433,819,128 tokens.
The Alchemy Pay to other currencies exchange rate?
