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Gate Launches USDT-Priced Stock and ETF Trading for More Than 10,000 Assets

Gate Launches USDT-Priced Stock and ETF Trading for More Than 10,000 Assets

According to Gate, the platform’s stock trading service now offers access to more than 10,000 U.S. stocks and ETFs with USDT, while related trading activity showed gains in MU and SNDK-linked contracts.

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Fact Check
Gate's official announcement (gate.com article 51452) directly confirms the claim's three specific elements: USDT-priced trading, over 10,000 US stocks and ETFs, integration with regulated brokers including Alpaca, and KYC-gated access via the Gate App TradFi section. Independent reports from Odaily and PANews dated the same day corroborate the announcement.
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Summary

Gate said it has launched stock and ETF trading priced in USDT, giving approved users access to more than 10,000 U.S. securities. According to the company, the service connects to regulated brokers including Alpaca for access to major U.S. markets and is available to Android and iOS users on version 8.21.5 after completing KYC and receiving regional access approval. In the latest announcement, Gate also said Micron Technology (MU) rose 3.39% over 24 hours and Sandisk (SNDK) gained 3.12%, while related contract open interest on Gate reached about $4.85 million and $5.03 million, respectively.

Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin designed to maintain a relatively stable value for trading and transfers.
  • ETF: An exchange-traded fund, a security that tracks a basket of assets and trades on stock exchanges like a regular share.
  • KYC: Know Your Customer, an identity verification process used by financial platforms to meet compliance requirements.