Gate US launches USD balance trading and USD Wire transfer services, enriching fund management and transfer functions

According to official news, Gate US now supports USD balance trading and has officially launched USD Wire deposit and withdrawal services. Users no longer need to convert funds into stablecoins and can directly hold USD balances in their platform accounts for future trading needs.

Through the upgraded banking and payment infrastructure, eligible Gate US users in verified regions can use their own U.S. bank accounts to make large USD transfers via USD Wire. The transfer limits supported by this service are higher than those of conventional bank cards or in-app transfer methods. Users can also withdraw their USD balances to the same verified bank account, subject to applicable limit restrictions and processing requirements. Users can open the Gate US App, go to the Wallet page, select the USD option, and follow the on-screen instructions to complete the operation. When transferring, users need to fill in the exclusive reference code provided on the page for the system to identify and match the corresponding account.

Gate US continues to promote compliance in the U.S. market and currently holds 37 state-level money transmission licenses (MTLs), serving 47 states and regions in the U.S. By continuously upgrading banking and payment infrastructure and expanding its network of financial and technology partners, Gate US will continue to enrich fiat services and fund circulation options, promoting further integration of digital asset trading and traditional financial services. The USD deposit and withdrawal service is only available in certain U.S. jurisdictions, and residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming cannot use this service.