Crypto Gloss

Alchemy Pay (ACH)

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 $30.59M
24h Change -3.1%
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

via ChangeNow · T&CsPrice data from CoinGecko as of 2026-04-21. Not financial advice.

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.

Social Media Sentiment

  • r/CryptoCurrency / r/binance: Alchemy Pay is viewed as a legitimate payments infrastructure play. The Samsung and Shopify integrations generate positive discussion. ACH token price performance draws skepticism from those who see it as a speculative asset despite real merchant utility.
  • X/Twitter: Alchemy Pay is active with frequent partnership announcements. Sentiment is positive in Southeast Asia crypto communities. ACH is sometimes criticized for slow token price appreciation relative to company growth.
  • Telegram (Alchemy Pay community): Large Southeast Asian user base. Discussion centers on on-ramp availability, merchant integrations, and ACH staking rewards.

Last updated: 2026-04

Related Terms

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