PANews July 18 news, Alchemy Pay released the Alchemy Chain white paper, clarifying its technical architecture and strategic direction as a blockchain specifically for stablecoin payments. Alchemy Chain focuses on stablecoin settlement and interoperability, aiming to enhance cross-border payment efficiency and support liquidity aggregation and real-time currency conversion for mainstream and local stablecoins. Future announcements will include updates on mainnet development and ecological incentive plans to promote the construction of global payment infrastructure.