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Alchemy Pay Introduces $500,000 Payment Ecosystem Incentive Fund to Accelerate DeFi and Financial Infrastructure Developments

Alchemy Pay Introduces $500,000 Payment Ecosystem Incentive Fund to Accelerate DeFi and Financial Infrastructure Developments January 31, 2021 @ 2:22 pm By Omar Faridi Alchemy Pay has introduced a $500,000 Payment Ecosystem Incentive Fund in order to accelerate development in the blockchain-focused payments sector. Alchemy Pay, which claims to be a pioneer of the world’s first hybrid fiat and crypto payment system, notes that the digital currency space has experienced considerable growth and development from several different countries proposing their own Central Bank Digital Currencies (CBDC) to many new startups launching business ecosystems centered on virtual currency payments. According to Alchemy Pay, there’s now a lot of evidence that the industry’s growth will be driven to a large extent by “innovative” payment solutions. To encourage software engineers within the digital currency sector to use the Alchemy Pay Ecosystem to carry out their business activities a

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