Gate Expands Crypto Spending With Visa Card in 40 Markets

Gate has partnered with Visa to roll out a crypto-linked payment card across more than 40 countries and territories, allowing users to spend digital assets that automatically convert into fiat currency at the point of sale. According to CryptoNews, the exchange announced the product on Oct. 8 to connect balances held in Gate accounts directly with Visa's payment network.

App Integration and Supported Assets

Users can apply for and manage the new card through the Gate app. The card launch is part of the newly introduced Gate Money service, which was announced during founder Dr. Han's appearance at TOKEN2049. Gate Money combines cryptocurrencies, fiat currencies, stocks, ETFs, gold, banking services, and payments into a single application.

Gate's current card documentation lists assets such as USDT, BTC, ETH, and GT under its Instant Spend Mode, while its prepaid mode supports a broader selection depending on the region and card type. Applicants must complete Level 2 identity verification and meet local compliance checks.

Market Expansion

The expansion places Gate within a growing segment of Visa's network. Visa reported on Sept. 8 that more than 160 stablecoin-linked card programs were operating globally, with payment volume increasing nearly 200% year over year.

Key facts

• Gate is rolling out a Visa-linked crypto card across more than 40 countries and territories.
• Digital assets are converted automatically into fiat currency at the point of sale.
• Users can apply for and manage the card directly through the Gate app.
• The card launch falls under the newly introduced Gate Money service.