#alchemypay
Alchemy Pay (ACH) is a utility token native to the Ethereum blockchain (ERC-20) that powers Alchemy Pay's hybrid payment system, bridging fiat and cryptocurrency economies. Founded in Singapore in 2018, Alchemy Pay operates in over 70 countries, offering more than 300 payment channels and reaching over 2 million merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay.

The ACH token is integral to the Alchemy Pay network, serving multiple functions:

Transaction Fees: ACH is used to pay fees within the network, with discounts available for those opting to pay in ACH.

Rewards: Network participants, including enterprises like financial institutions and e-commerce platforms, receive ACH as rewards based on their transaction volume and network size.

Pledging: Business partners are required to pledge ACH tokens during the onboarding process, which can be returned if they choose to withdraw from the network.

As of March 21, 2025, the price of ACH is approximately $0.02705 USD.

Alchemy Pay (ACH)