Gate upgrades USD ecosystem, enabling seamless USD deposit, trading, and withdrawal.
Odaily Planet Daily News: Gate has announced the launch of a new USD ecosystem and upgrades to two core product modules, Gate Pay and Exchange, further integrating USD asset management, capital flow, and digital asset use cases. This feature is currently being gradually rolled out to users. After updating the App to version 8.24.0 or higher, users can manage USD assets, deposit USD, trade digital assets, withdraw USD, and transfer funds between accounts directly within Gate. Through the new USD account, users can hold and manage USD assets and directly use USD balances to participate in digital asset trading.
Meanwhile, Gate Pay has undergone a product design upgrade, optimizing the display of accounts, assets, and fund flows to enhance the clarity of asset management and operational smoothness. Both the Gate App and Gate Pay now support USD deposit and withdrawal functions. Users can deposit USD via SWIFT bank wire transfer and withdraw USD funds to their personal bank accounts. Additionally, users can directly use their USD balance to purchase cryptocurrencies, or sell their held crypto assets with one click to convert into USD balances, enabling convenient conversion between fiat and digital assets.
This upgrade by Gate aims to integrate USD asset management and digital asset usage into a single product system, covering core stages such as deposit, trading, withdrawal, and fund transfer, providing global users with more efficient one-stop USD fund services. In the future, Gate will continue to expand the use cases for USD assets and fiat service capabilities, persistently offering global users more convenient and efficient fund management experiences.
