After Hong Kong announced the legalization of cryptocurrencies in early 2023, several projects from China gained significant attention. One of them that caught my eye is Alchemy Pay, with its idea of bridging the gap between digital and fiat currencies, contributing to the wider adoption of blockchain technology among users.
Alchemy Pay is a payment system focused on retail POS transactions and cross-border money transfers. Users can make payments using fiat, stablecoins, and various other cryptocurrencies on traditional payment systems.
I see Alchemy Pay as a decentralized payment protocol that can effectively address the challenges faced by the traditional financial industry in the future. Furthermore, Alchemy Pay stands to benefit from Hong Kong's acceptance of cryptocurrencies, which gives ACH substantial growth potential if the development team continues to expand and develop the project. Show Less
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