When was ACH coin issued? Learn about the origin of ACH coin in one article

Launched in 2018, ACH coin has evolved from its initial concept into a globally accessible digital currency with fast and low-cost transactions.

Nov 06, 2024 at 11:46 pm

ACH Coin: A Comprehensive Insight into Its Origins

1. Genesis: Initial Concept and Development

2017: The seeds of ACH coin were sown by the founding members of ACH Foundation, led by Chris McAlary.

2. Crowdsale and Launch

October 2018: ACH Foundation launched a crowdsale for ACH coins, raising over $26 million.
November 2018: ACH coin was officially listed on exchanges, marking its public launch.

3. Evolution and Partnerships

2019: ACH Foundation partnered with various payment processors and merchants to expand ACH coin's reach.
2020: ACH Foundation announced a strategic partnership with Mastercard to enable ACH coin payments worldwide.
2021: ACH Foundation released ACH Pay, a mobile payment app that allowed users to spend ACH coins in everyday transactions.

4. Recent Developments

2022: ACH Foundation unveiled its decentralized blockchain, known as the ACH Horizon.
2023: ACH coin continues to gain traction as more businesses accept it as a payment method.

Key Features and Advantages of ACH Coin:

Fast and Low-Cost Transactions: ACH coins are processed through the ACH network, offering quick settlement times and minimal transaction fees compared to traditional payment systems.
Globally Accessible: ACH coin is widely accepted around the world, enabling seamless cross-border payments.
Decentralized Infrastructure: The ACH Horizon blockchain ensures the security and transparency of ACH coin transactions.
Merchant Friendliness: ACH Foundation provides merchants with tools and support to easily integrate ACH coin payments into their systems.
Scalability and Efficiency: The ACH network is designed to handle high volumes of transactions efficiently.

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