One of the biggest problems in Crypto is the dispersion of stablecoins across different chains.

The Alchemy Chain, which will be established with $ACH , will serve both as a fiat bridge and will gather stablecoins on a single network.

The vision of Alchemy Chain is to serve as both a fiat bridge and to merge stablecoins, which means it actually has competitors on two fronts at the same time.

Circle USDC: U.S. regulated, integrated with Visa and banks. But more focused on USDC, the multichain integration vision is limited.

Stellar XLM: Acting as a cross-border fiat–Crypto bridge for years. But more focused on low-volume remittances to developing countries.

Ripple XRP + XRPL Stablecoin:
Strong fiat bridge towards banks.

The difference of ACH here: it directly touches individual users with global licenses. Circle & Ripple are more institutional.

Axelar AXL: It safely transfers stablecoins like USDC and USDT from chain to chain.

LayerZero ZRO: Similarly, it transfers stablecoins like USDC and USDT across different chains.

Wormhole W: It became a multi-chain stablecoin bridge, leaving the Solana ecosystem. It experienced a hack and there is a trust issue.

The difference of ACH here: They only create bridges between chains, but there is no fiat side. ACH, on the other hand, aims to combine both fiat entry and cross-chain transfers on the same network with Alchemy Chain.

Ondo Finance ONDO: Developing RWA-backed stablecoin bridges regulated by the US.

Celo CELO: Focused on mobile payments, it acts as a bridge by issuing its own stablecoins.

Here's the difference of ACH: Ondo is on the enterprise + RWA side, Celo is in developing countries. ACH, on the other hand, aims to build a global network that can reach everyone.

Fiat competitors on the bridge:
Circle, Ripple, Stellar

Competitors in the cross-chain bridge:
LayerZero, Wormhole, Axelar

RWA + stablecoin competitors on the bridge:
Ondo, Celo

ACH advantage:
Others are either just fiat bridges or just cross-chain bridges.
Alchemy Chain aims to combine all of these into a single network.

Considering the market value of competitors, the rise that (AXL and CELO will make in the stablecoin hype wave may not be very satisfying.

I frequently share this information because ACH is very cheap in terms of price and market value compared to its competitors as a result of all the corporate steps it has taken, and I want you to see the vision I see.

Since AXL is already at a high level of institutionalization and its market value is at ideal buying levels compared to its potential, it has already been added to my basket.

)altcoin #crypto