Gate Pay launches country code function, covering millions of merchants in Vietnam and Brazil in the first batch /image/cn_20251030_105619_4b98f87132aaf828acd2644be09ae0dd.png) Gate Gate, the world's leading cryptocurrency trading platform, announced that its encrypted payment product Gate Pay has officially launched the country code function. The first batch supports two important markets, Vietnam and Brazil. Users can directly use cryptocurrency to complete QR code payments at over 17 million merchants in both countries who support the national QR code system, symbolizing a key step for Gate Pay in its global layout and localized services. Support VietQR and Pix systems to achieve encrypted payments and national level network integration In Vietnam, Gate Pay collaborates with authorized partner AEON to support the VietQR system, which currently covers over 2 million merchants. In daily consumption, users only need to use Gate Pay to scan the VietQR QR code provided by the merchant, and can use stablecoins such as USDT and USDC for payment, without the need for intermediate fiat currency exchange or additional procedures. Meanwhile, in Brazil, Gate Pay also supports the country's central bank's instant payment network Pix. Since its launch in 2020, this system has become one of the most mainstream payment methods in Brazil, covering over 15 million merchants and 170 million users. By integrating Gate Pay with the Pix network, Brazilian users can use cryptocurrency payments in familiar ways in daily scenarios, from coffee shops and restaurants to tuition fees, bills, and other consumption scenarios, all of which can be completed with just one click. One click QR code scanning and instant settlement, integrating encrypted payments into daily life The launch of the country code function allows Gate Pay to automatically identify the user's country during transactions, intelligently matching the optimal payment channel and settlement method. The entire process does not require users to switch settings or convert currencies. The system can automatically complete exchange rate matching and payment verification, achieving a one click scan code usage, on chain instant settlement, and ultra-low transaction fees experience. Gate Pay relies on Gate's years of accumulated security risk control system and encryption infrastructure, ensuring transparency and reliability of the payment process through end-to-end encrypted transmission and real-time risk monitoring. Whether it's on chain transactions or offline QR code scanning, users can use encrypted assets for payment in a secure and smooth environment. Accelerate the implementation of the All in Web3 strategy and promote the popularization of global encrypted payments The launch of the country code feature is an important step for Gate to advance its All in Web3 strategy. Gate is committed to bringing the true value of blockchain technology to global life scenarios, by connecting local payment infrastructure and bringing encrypted payments into people's daily lives, becoming a key bridge connecting traditional finance and the decentralized world. Gate stated that in the future, Gate Pay will continue to expand its support for country codes, covering more emerging markets and major economies, and plans to introduce more stablecoins that are compatible with mainstream chains to help build a globally unified Web3 payment network. Through this layout, Gate will continue to promote the popularization and application of encrypted payments, helping digital assets better integrate into the mainstream world. About Gate Gate was founded in 2013 by Dr. Han and is one of the world's leading cryptocurrency trading platforms. The platform serves over 42 million users and supports trading of over 3600 types of encrypted assets. As an industry benchmark, Gate is the first to achieve 100% reserve certification, with an ecosystem covering diverse services such as Gate Wallet and Gate Ventures. For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube Disclaimers This content does not constitute any invitation, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information, link: https://www. (gate.com)/user-agreement 。 Gate team October 30th, 2025