Alchemy Pay is a payment infrastructure provider bridging the gap between cryptocurrency and traditional fiat payments — enabling merchants, businesses, and consumers to transact in both modes through a single API and POS system used by 2M+ merchants in Southeast Asia, Europe, and North America. ACH is the native token used for ecosystem incentives, fee discounts, and staking within Alchemy Pay’s merchant network. The company operates fiat-to-crypto on-ramps, off-ramps, and payment processing across 300+ cryptocurrencies and 50+ fiat currencies. Backed by Binance Labs, Alchemy Pay has partnerships with Samsung, Shopify, and major crypto exchanges.
| Stat | Value |
|---|---|
| Ticker | ACH |
| Price | $0.01 |
| Market Cap | $30.24M |
| 24h Change | +2.2% |
| Circulating Supply | 4.94B ACH |
| Max Supply | 10.00B ACH |
| All-Time High | $0.20 |
| Contract (Ethereum) | 0xed04...143d |
| Contract (Binance Smart Chain) | 0xbc7d...056d |
How It Works
Hybrid payment gateway:
Alchemy Pay processes both fiat card payments (Visa/Mastercard) and crypto payments through the same merchant terminal or API endpoint. Settlement can be in fiat or crypto depending on merchant preference.
Fiat-on-ramp/off-ramp:
Consumers can purchase crypto directly with credit/debit cards through Alchemy Pay’s widget (integrated into crypto wallets and exchanges). Off-ramp allows selling crypto for local bank transfer.
Multi-currency support:
300+ cryptocurrencies accepted; 50+ fiat currencies; local payment methods (GCash in Philippines, GrabPay in Singapore, etc.) supported.
ACH utility:
- Merchants staking ACH receive lower processing fees
- Users holding ACH get fee discounts on on-ramp purchases
- Ecosystem incentives distributed in ACH
Tokenomics
| Metric | Value |
|---|---|
| Max Supply | 10,000,000,000 ACH |
| Network | BNB Chain (BEP-20) and Ethereum |
| Staking | ACH staked for merchant fee discounts |
| Circulating | ~5.5B ACH |
| ATH | ~$0.04 (November 2021) |
Use Cases
- Merchant processing — ACH stakers get reduced payment processing fees
- On-ramp discounts — ACH held = lower fees on fiat-to-crypto purchases
- Ecosystem rewards — ACH distributed as loyalty rewards for platform usage
- Governance — ACH holders vote on network development proposals
History
- 2018 — Alchemy Pay founded in Singapore; initial focus on Southeast Asia merchant crypto payments
- Jun 2020 — ACH token launches on Binance Launchpad
- 2021 — Binance Labs investment; expansion into Europe and North America
- 2021 — ACH ATH ~$0.04; integrations with major crypto wallets and exchanges
- 2022 — Samsung Pay partnership; Shopify plugin launched; expansion to 70+ countries
- 2023 — On-ramp integrations with Coinbase, OKX, and other major exchanges
- 2024 — Continued merchant network expansion; focus on emerging markets
Common Misconceptions
“ACH is just another speculative token.” Alchemy Pay is a functioning payment business with real merchant revenue — ACH has genuine utility in fee reduction for the merchant and consumer networks.
“Alchemy Pay competes with Visa.” Alchemy Pay is a middleware layer that processes payments alongside Visa and Mastercard — it complements card networks for crypto settlement rather than directly competing.