
Gate US rolls out dollar balances and bank wire transfers for US clients
- —Users can hold dollars and trade without converting to stablecoins
- —Deposits and withdrawals require a US bank account in the same name
- —Gate US holds 37 money transmitter licenses across 47 states
- —USD service is unavailable in six states, including New Jersey and Hawaii
Why it matters: Direct dollar settlement reduces US clients' reliance on stablecoins and sharpens Gate's competition with Coinbase and Kraken.
Source: TokenPost
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