Press Release Alchemy Pay (ACH), a leading fiat and crypto payment solution provider, and Web3 App. STEPN (GMT) have announced a new collaboration in which STEPN’s GMT tokens are now Support is now available.
STEPN is a Web3 lifestyle app that incorporates elements of Game-Fi and Social-Fi.STEPN is the first project to effectively realize the concept of “move& earn” by building around the essential daily exercise and It is the first project of its kind. Users equip themselves with NFTs in the form of running shoes. By walking, jogging, or running outdoors, users are rewarded with tokens and NFTs.
Alchemy Pay CEO John Tan said, “We are focused on supporting global adoption of innovative projects like STEPN that promote positive new possibilities for people around the world. Integrating their GMT tokens will allow holders and STEPN users to benefit from real-world spending.”
Shiti Rastogi Manghani, Chief Revenue Officer of STEPN, said of the partnership:” We are pleased that Alchemy Pay now offers our users the ability to use GMT tokens in multiple real-world situations. Now that our Web3 app has this new dimension, we expect our community and ecosystem to grow significantly.”
Now available on AlchemyPay’s rapidly growing payment network, GMT can be used by users around the world in a variety of scenarios. This includes online and in-store payment scenarios.
See examples of GMT use with Alchemy Pay’s payment system on Alchemy Pay’s YouTube channel.
AlchemyPay’s hybrid crypto-fiat payments allow merchant partners to accept cryptocurrencies for offline and online payments at low cost and conveniently convert them to local fiat currency. The all-in-one system also allows merchants and businesses to accept Fiat payments via e-wallets, credit cards, and debit cards, so that only one system is needed to meet all their needs. The Alchemy Pay network is supported by the incentive utility token “ACH,” an ERC20 token issued on the Ethereum blockchain.
Over the past six months, Alchemy Pay has integrated many major cryptocurrencies into its global crypto fiat network, including MATIC,,,
, TRX, AVAX, VET, and ALGO.
About Alchemy Pay
Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects the Fiat and crypto economy for consumers, merchants, developers and institutions worldwide. It provides online and offline merchants with convenient acceptance of both Fiat and Crypto, enables easy onboarding to the blockchain ecosystem, and makes Web3 services highly accessible. Currently, AlchemyPay supports 300 payment channels in over 70 countries and has touch points with over 2 million merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay. Alchemy Pay’s token, ACH, is an ERC20 native to the Ethereum blockchain.
STEPNis a Web3 lifestyle application with SocialFi and GameFi elements that rewards users with cryptic rewards for moving outside (walking, jogging, running). To participate, users must download the STEPN app, purchase NFTs, and move outdoors to earn tokens.
Since launching its public beta in December 2021, STEPN has skyrocketed in popularity and become a unicorn. User growth and engagement have also steadily increased, with total app downloads exceeding 2 million.
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