Gate launches Gate Money, an all-in-one finance app for mainstream users

Gate wants to be the only finance app on your phone. The crypto exchange has launched Gate Money, a feature that puts digital assets, fiat currencies, stocks, ETFs, gold and electronic bank accounts under one roof.

What Gate Money actually does

Gate Money was unveiled on October 7, 2026, during Dr. Han’s keynote at TOKEN2049 in Singapore. It went live immediately through an update to the Gate App, version 8.39.0. No waitlist and no separate download.

The headline feature is a one-click application for a personal global electronic bank account. Those accounts support more than 60 local currencies.

Spending is handled through the Gate Card, which works with Apple Pay and Google Pay. Users can move between fiat and digital assets inside the app, then tap to pay at a register.

There is also a yield component. Eligible USDT balances can earn up to 3.6%, with no lock-up period. USDT is Tether’s dollar-pegged stablecoin, so this is effectively a savings-style return on digital dollars that you can withdraw whenever you like.

Note the qualifiers: “up to” and “eligible.” The headline rate is a ceiling, not a guarantee for every balance.

Gate is wrapping all of it in a brand slogan: “One Gate, Everything Money.”

The scale behind the bet

Gate is not starting from scratch. The platform says it has more than 61 million users.

The asset menu is equally sprawling. Gate lists more than 5,300 digital assets and over 12,800 stock assets.

Founded in 2013, Gate began as a digital asset exchange. In 2025 it rolled out the Gate Pay App, an earlier step into payments.

Gate also points to its record on reserves. The exchange says it was among the first platforms to report 100% proof of reserves. Proof of reserves is a public accounting exercise meant to show that an exchange holds enough assets to cover what customers have deposited.

The licensing question

Gate holds a MiCA CASP license and a PSD2 license in Malta, plus a VASP license in Dubai.

Decoded: MiCA is the European Union’s framework for crypto markets, and a CASP is a licensed crypto-asset service provider under it. PSD2 is the EU’s payment services directive, which governs how payment firms operate. A VASP is a virtual asset service provider, the label Dubai uses for regulated crypto businesses.

Together, those approvals cover two very different lines of business. One set addresses crypto services. The other addresses traditional payments. An app that mixes both needs both, and Gate appears to have assembled the paperwork before shipping the product.

What this means for Gate and its rivals

The 3.6% USDT yield deserves scrutiny. Stablecoin returns depend on how the underlying funds are deployed, and rates can change. Users chasing yield should read the eligibility terms before assuming the top figure applies to them.

What to watch next: whether Gate’s 61 million users actually adopt the banking and spending features, or simply keep trading as before. Uptake of the electronic bank accounts and Gate Card transaction activity will be the clearest tells.