Gate will open USDPT/USDT spot and convert trading on July 6 and estimated withdrawals on July 7, while also announcing 450,000 USDPT in launch incentives and a fee-free withdrawal campaign.
Gate said it will list USDPT on July 6, opening USDPT/USDT spot trading at 06:00 UTC and convert trading at 07:00 UTC, with withdrawals estimated to begin on July 7 at 06:00 UTC. The exchange said the launch will be supported by incentive programs totaling 450,000 USDPT, including 300,000 USDPT for a HODL & Earn campaign, 90,000 USDPT for deposit, trading and referral promotions, and 20,000 USDPT in Convert rewards. USDPT is described as a U.S. dollar stablecoin issued by Anchorage Digital Bank, N.A. on Solana, backed 1:1 by U.S. dollar deposits, U.S. Treasury securities and cash equivalents, and positioned for cross-border payments and on-chain settlement with links to Western Union's remittance network.