Alchemy Pay announces Alchemy Chain release plan: stablecoin income mechanism will be implemented

Odaily News Alchemy Pay, a provider of all-crypto payment solutions, today announced the release plan of its layer blockchain Alchemy Chain, which is built on the scalable Solana Virtual Machine (SVM) architecture and is designed to support the growing needs of Alchemy Pay business operations and revolutionize the integration of crypto and fiat payments. ACH will serve as Alchemy Chain's utility token, allowing users to pay gas fees. Users can conveniently pay gas fees and transactions using ACH or fiat currency, and seamlessly convert profits and other on-chain earnings into fiat currency. In addition, Alchemy Chain will implement a stablecoin income mechanism to provide users with the opportunity to easily earn income.