Alchemy Pay Monthly Update | September 2021
Alchemy Pay has continued to drive blockchain adoption and bridge the gap between fiat and cryptocurrencies.
This month has seen Alchemy Pay follow up on the successes of August. Here is our monthly update with a recap of September 2021. Let’s get started!
ACH Listed on Coinone, Gemini, and Bitrue Exchanges
Coinone, the South Korea-based crypto exchange, ranked 17th by trade volume on CoinMarketCap, listed Alchemy Pay’s utility token, ACH.
Gemini, the US based, regulated crypto exchange, now supports ACH. Please note that it’s only available for custody at this time.
Bitrue (Singapore-based) exchange, and Changelly, (based in Czech Republic) also announced that they will be listing ACH.
Now more people all around the world can access ACH.
ChainUP Partnership Increases Alchemy Pay’s Global Reach
Global blockchain services and solutions provider ChainUP has partnered with crypto-fiat payment solutions, Alchemy Pay, to offer plug-and-play fiat/crypto acceptance options to ChainUP customers.
Through ChainUP, Alchemy Pay’s user touchpoint potential increases by up to 50 million users, as ChainUP has provided BlockChain technology services to more than 500 clients around the globe, including 300+ crypto exchange clients, 100+wallet clients, 150+ liquidity clients, and 60+ derivatives clients, covering over 20 countries in Southeast Asia, Europe, the United States, the Middle East, and other regions.
TrueChain Now Using Alchemy Pay’s Payment System
Alchemy Pay and TrueChain announced that they have signed a partnership.
This partnership makes it possible to use the TrueChain payment system through Alchemy Pay. Starting with the partnership, Alchemy Pay and TrueChain announced that it will establish itself as a mainnet.
ForTube Partnership Facilitates Borrowing and Lending
Alchemy Pay is forming a partnership with ForTube, a DeFi multichain lending protocol, to facilitate borrowing and lending of Alchemy Pay’s ACH token. The partnership is expected to drive the expansion and adoption of Alchemy Pay’s payment system.
Leading Blockchain, Elrond, Partners with Alchemy Pay
Alchemy Pay cooperated with Elrond Network to add EGLD and ESDT to our payment system. Now, EGLD will be available on Alchemy Pay’s 200m+ merchants network.
Partnership with Chainlink, the Leading Oracle Network
Alchemy Pay is leveraging Chainlink Price Feeds to provide its users with fair market exchange rates when purchasing assets on popular DEXs directly from the Alchemy wallet using its native token ACH, as well as when collateralising DeFi loans with ACH.
Chainlink Price Feeds help assure users that they are receiving fair market exchange rates when purchasing assets directly via their wallets on DEXs like UniSwap, SushiSwap, and ForTube using their ACH, as well as when collateralising DeFi loans with ACH.
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