Gate, a leading cryptocurrency and integrated financial services platform, has announced a strategic partnership with Visa to introduce a crypto-linked card. The initiative aims to bridge the gap between digital assets and everyday spending, enabling users to utilize their crypto holdings for routine purchases.
The card is slated to launch in over 40 markets worldwide, providing users with the ability to make payments online and in-store at any of Visa's 175 million merchant locations across more than 200 countries and territories. This integration allows Gate account holders to seamlessly convert their digital assets into fiat currency at the point of sale, facilitating transactions for shopping, dining, travel, and other daily expenses.
Users can apply for and manage the card directly through the Gate app, which also offers access to related payment services within a familiar platform environment. The app's latest version, v8.39.0, includes the new Gate Money feature, a globally integrated financial services application that brings together digital assets, fiat currencies, stocks, ETFs, gold, bank accounts, and payments.
This partnership underscores the growing adoption of crypto cards. Visa reports that more than 160 stablecoin-linked card programs are now live globally, with payment volume surging nearly 200% year-over-year. This trend highlights the increasing demand for practical applications of digital assets in mainstream commerce.
Gate's extensive user base, exceeding 61 million users, and its support for over 5,300 crypto assets and 12,800 stock assets, provide a solid foundation for this expansion. The platform also offers access to traditional financial instruments such as metals, stocks, indices, forex, and commodities, positioning it as a comprehensive financial services provider.
Dr. Han, Founder and CEO of Gate, commented, "Digital assets are gradually becoming part of everyday financial life. This partnership with Visa connects the digital asset accounts Gate users already know with a broad range of commercial scenarios, making digital asset payments more intuitive and better aligned with everyday needs."
Nischint Sanghavi, Head of Digital Currencies, APAC at Visa, added, "Consumers want payment methods that are flexible, convenient, and widely accepted. Visa is committed to working with partners to expand payment choices and connect new forms of value to established digital payments infrastructure."
The launch of the Gate-Visa card is a significant step in integrating digital assets into global commerce. By leveraging Visa's extensive payments network, Gate is enabling users to spend their crypto assets in a wider array of commercial scenarios, further normalizing the use of digital currencies in daily transactions.
Eligible users can also apply for a global bank account held in their own name through Gate Money, allowing them to manage fund receipts, transfers, asset conversions, and payments in one place. This integration extends Gate's financial services into more everyday spending use cases, offering users greater flexibility in how they utilize their assets.
As the service rolls out across more than 40 countries and territories, Gate aims to provide users with enhanced flexibility and to further expand the practical applications of digital assets in global commerce. The company's commitment to innovation is evident in its early adoption of 100% Proof of Reserves and its diversified product ecosystem, which includes Gate Wallet, Gate Ventures, and Gate for AI Agent.
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This article is for informational purposes only and does not constitute financial advice.
