Gate US launches USD balance trading and USD Wire transfer service, expanding fund management and transfer capabilities

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, using them only when they need to trade.

Through the upgraded banking and payment infrastructure, eligible verified Gate US users in supported 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 regular bank cards or in-app transfers. Users can also withdraw 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 process. When making a transfer, users need to enter the dedicated reference code provided on the page so that the system can identify and match the corresponding account.

Gate US continues to advance compliance efforts in the U.S. market and currently holds 37 state-level Money Transmitter Licenses (MTLs), with services covering 47 U.S. states and territories. By continuously upgrading banking and payment infrastructure and expanding its network of financial and technology partners, Gate US will continue to enrich fiat currency services and fund transfer options, promoting further integration between digital asset trading and traditional financial services. USD deposit and withdrawal services are only available in certain U.S. jurisdictions. Residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming cannot use this service.