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BTCC / BTCC Square / Global Cryptocurrency /
Alchemy Pay Unveils Public Testnet for Payment-Centric Blockchain

Alchemy Pay Unveils Public Testnet for Payment-Centric Blockchain

Author:
Global Cryptocurrency
Published:
2026-02-23 12:59:02
5
2
BTCCSquare news:

Alchemy Pay has launched the public testnet of its new Layer-1 blockchain, Alchemy Chain, designed specifically for stablecoin transactions. The network aims to bridge the gap between cryptocurrency and traditional finance by offering near-instant finality, low costs, and predictable fees.

The architecture is tailored for payment operations, diverging from general-purpose smart contract platforms. Alchemy Chain's Proof-of-Authority consensus mechanism during the testnet phase prioritizes speed and controlled fee structures, targeting real-world stablecoin adoption.

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