PANews reported on October 30th that the cryptocurrency exchange Gate announced the official launch of its cryptocurrency payment product, Gate Pay, with country code functionality. Initially supporting users in Vietnam and Brazil, it covers over 17 million merchants, allowing users to directly use cryptocurrency to scan and pay at local stores, restaurants, and service establishments. This launch marks a significant step forward for Gate Pay in its global expansion and localized service capabilities.

Since its launch, Gate Pay has been committed to providing global users with a one-stop encrypted payment solution. The addition of country code support not only further improves the product's international infrastructure but also lays the technological foundation for future coverage of more countries and regions. Gate stated that it will continue to expand market access, accelerate the realization of its "All in Web3" strategic layout, and promote the popularization and application of encrypted payments globally.