KEY TAKEAWAYS
- Alchemy Pay launches the Alchemy Chain testnet, advancing its blockchain infrastructure for payments.
- Alchemy Chain aims to enhance stablecoin transactions with fast, low-cost, and predictable fees.
- The testnet supports near-instant transaction finality and controlled fees through PoA consensus and CGFS.
- Developers and partners are invited to test and build on the testnet, paving the way for the mainnet launch.
Alchemy Pay has announced the launch of the Alchemy Chain testnet, marking a significant step in the development of its payments-focused blockchain infrastructure. The announcement was made here.
Alchemy Chain is a Layer 1 blockchain designed to facilitate fast, low-cost, and predictable stablecoin transactions. The initiative aims to support a broader stablecoin payment ecosystem, enhancing the usability and integration of stablecoins in real-world applications.
Core Capabilities of Alchemy Chain
The testnet allows developers and partners to explore Alchemy Chain’s core capabilities. These include near-instant transaction finality achieved through Proof-of-Authority (PoA) consensus, controlled and predictable transaction fees enabled by the Controlled Gas Fee System (CGFS), and a network architecture optimized for stablecoin transfers. The infrastructure is equipped with ready-to-use on and off-ramp solutions, operating under regulated conditions.
The $ACH token serves as the native gas fee token on Alchemy Chain, supporting network operations and enhancing its utility as the network adoption grows. This token is integral to the ecosystem, powering transactions and securing the network.
Testnet as a Step Toward Mainnet Launch
The public testnet represents a crucial step toward the future mainnet launch. It provides an environment to test network performance under real-world conditions and supports broader validator participation. Alchemy Chain invites developers, partners, and ecosystem participants to deploy, test, and build on the testnet as development progresses.
To facilitate engagement, Alchemy Pay offers resources such as documentation, testnet deployment guides, and access to testnet entry, faucet, and bridge. These tools enable participants to begin testing payment workloads and monitor network activity using supported explorers.
Why This Matters: Impact, Industry Trends & Expert Insights
Alchemy Pay has launched the Alchemy Chain testnet, a significant step in developing its Layer 1 blockchain infrastructure for stablecoin transactions.
A recent industry report highlights the rapid expansion of stablecoin transactions, with volumes reaching $33 trillion in 2025. This trend underscores the growing importance of efficient, stablecoin-focused blockchains like Alchemy Chain in facilitating these transactions. This aligns with Alchemy Pay’s initiative to enhance stablecoin usability through its new testnet.
As per insights from a TradingView analysis, the Alchemy Chain testnet is expected to significantly impact Alchemy Pay (ACH) by expanding its utility as a core asset on its blockchain. This supports the strategic move towards a vertically integrated payment infrastructure, reflecting broader industry shifts.
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