What is Alchemy Pay (ACH)?

Deep Dive

1. Purpose & Value Proposition

Alchemy Pay solves the fragmentation between crypto and traditional payment systems. Merchants can accept crypto (e.g., Bitcoin, ETH) or fiat (credit cards, mobile wallets) and receive settlements in their local currency, avoiding crypto volatility risks. For users, it simplifies buying crypto via familiar methods like Apple Pay or bank transfers (Alchemy Pay).

2. Technology & Ecosystem

The network integrates with partners like Shopify, Binance, and Polygon to offer:
- On-/Off-Ramps: Direct fiat access to crypto wallets and DeFi platforms.
- Alchemy Chain: A Q4 2025-launching blockchain optimized for stablecoin payments, aiming to handle cross-border transactions with compliance layers.
- RWA Integration: Partners like Backed enable tokenized stock/ETF purchases using local fiat, targeting underserved markets (Kanalcoin).

3. Tokenomics & Governance

ACH (ERC-20/BEP-20) has a fixed supply of 10 billion tokens. It’s used for:
- Transaction Fees: Discounts for using ACH instead of fiat.
- Rewards: Distributed to merchants and developers driving network usage.
- Pledging: Partners stake ACH to join the network, enhancing ecosystem alignment.

Conclusion

Alchemy Pay is a critical bridge between traditional finance and crypto, combining regulatory compliance with blockchain efficiency. Its upcoming Alchemy Chain and RWA integrations highlight ambitions to dominate cross-border stablecoin flows. How will its focus on hybrid infrastructure shape the future of global payments?