Alchemy Pay announced the Alchemy Chain release plan: implementing stablecoin revenue mechanism.

Odaily Planet Daily News Alchemy Pay, a provider of complete encryption payment solutions, announced today its release plan for Layer Block Alchemy Chain. Alchemy Chain is built on the scalable Solana Virtual Machine (SVM) architecture, aiming to support the growing demand of Alchemy Pay's business operations and revolutionize the integration of encryption and fiat payment. ACH will serve as the utility token of Alchemy Chain, allowing users to pay gas fees. Users can conveniently pay gas fees and conduct transactions using ACH or fiat currency, seamlessly converting profits and other on-chain earnings into fiat currency. In addition, Alchemy Chain will implement a stablecoin revenue mechanism, providing users with opportunities to easily earn income.