Alchemy Pay, a leader in crypto payments, is launching the Layer-1 blockchain platform Alchemy Chain, built on the Solana Virtual Machine (SVM) architecture. Alchemy Chain aims to enhance interactions between crypto and fiat payments and support the company's large-scale business operations.
Alchemy Chain will provide seamless interaction between blockchain transactions and external storage, allowing fiat and cryptocurrencies to coexist without barriers. The Trusted Proof-of-Authority (TPoA) mechanism is used to ensure security and transparency, while the high-scalability infrastructure and Layer-2 solutions minimize redundant data storage and optimize performance.
The $ACH token will be the foundation of Alchemy Chain, used for paying fees, with users able to use both $ACH and fiat. The platform will also offer the opportunity to earn income in stable coins.
Alchemy Chain includes developer tools: Meme Launchpad and Meme Telegram Bot, which simplify the launch of meme projects and interaction with the ecosystem. This launch strengthens Alchemy Pay's mission to integrate cryptocurrencies into everyday financial systems and support their global adoption.
