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Created by a team of payment industry experts, Alchemy Pay has been designed to be the ‘the world’s first hybrid payment system’ and to bridge the gap between traditional fiat and crypto. ACH, Alchemy Pay’s ethereum based token, is used as currency and to encourage users to engage with the Alchemy Pay ecosystem. ACH tokens have a wide variety of uses, and can be pledged, rewarded, saved up, paid as fees and even confer voting rights.