Alchemy Pay Unveils ‘the Web3 Digital Bank,’ ACH Price Rallies 10%

Alchemy Pay Unveils ‘the Web3 Digital Bank,’ ACH Price Rallies 10%

Alchemy Pay, a prominent player in the fiat-crypto payment solutions arena, has recently achieved a significant milestone with the announcement of its new venture, the Web3 Digital Bank. This initiative is set to revolutionize how multi-fiat accounts are opened and operated, streamline cash flows, and enable seamless conversions between fiat and cryptocurrency for global Web3 businesses. By keeping its audience at the forefront of the latest fintech advancements, Alchemy has marked a monumental stride with this development.
Meanwhile, amid the announcement’s surfacing in the market, ACH, the native token of Alchemy Pay, rallied nearly 10%, captivating crypto investors’ attention across the globe. Here’s a closer look into the announcement and ACH’s current price movements.
Alchemy’s Web3 Digital Bank: What’s In Store?
According to the firm’s official statement released today, May 21, this latest initiative is inspired by Ripple’s model for cross-border payments, which a

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