The post Gate Is Building Its Payment App Into a Super App Like iPhone appeared on BitcoinEthereumNews.com. Gate App:- The era when a crypto app served a single, narrow purpose appears to be fading. As the crypto businesses evolves, exchanges, wallets, and payment platforms are increasingly redesigning themselves to offer multipurpose functionality. Wallets such as Base Wallet are introducing social interaction features, while centralized exchanges such as Binance are integrating more traditional financial services directly into their platforms. The notion of isolated, single-utility products no longer exists in crypto. Aligned with this, Singapore-based Crypto exchange Gate is taking an ambitious step toward blurring lines of friction between crypto with its app. This comes as the company announces major upgrade to its Gate Pay product to compete not just with exchanges, but with global fintech and super-app players. Gate’s New ‘All-in-One App’ Gate Pay informed Block of Fame that it began as a concept in 2021, initially offering shopping experiences to Gate users through merchant mini-apps. This early version was less of a standalone payment product and more of a controlled experiment in crypto commerce. Over time, the exchange expanded Gate Pay into a B2B solution for partner merchants, providing rails for accepting and settling crypto payments. The pivot towards merchant infrastructure signaled that Gate had ambitions beyond exchange operations. Four years after Dr. Han first initiated the Gate Pay program, the company says it is now ready to roll out a re-engineered version of the Gate App. Its now calls it a three-in-one platform: a centralized exchange (CEX), a Web3 wallet, and a crypto payments solution. The move elevates Gate Pay from a complementary feature into a core pillar of Gate’s long-term global strategy. “Just like Steve Jobs introduced the iPhone by saying it is a phone, an iPod, and an internet communicator, we integrate these three key functions into one Gate App,” Feng Z., Head of… The post Gate Is Building Its Payment App Into a Super App Like iPhone appeared on BitcoinEthereumNews.com. Gate App:- The era when a crypto app served a single, narrow purpose appears to be fading. As the crypto businesses evolves, exchanges, wallets, and payment platforms are increasingly redesigning themselves to offer multipurpose functionality. Wallets such as Base Wallet are introducing social interaction features, while centralized exchanges such as Binance are integrating more traditional financial services directly into their platforms. The notion of isolated, single-utility products no longer exists in crypto. Aligned with this, Singapore-based Crypto exchange Gate is taking an ambitious step toward blurring lines of friction between crypto with its app. This comes as the company announces major upgrade to its Gate Pay product to compete not just with exchanges, but with global fintech and super-app players. Gate’s New ‘All-in-One App’ Gate Pay informed Block of Fame that it began as a concept in 2021, initially offering shopping experiences to Gate users through merchant mini-apps. This early version was less of a standalone payment product and more of a controlled experiment in crypto commerce. Over time, the exchange expanded Gate Pay into a B2B solution for partner merchants, providing rails for accepting and settling crypto payments. The pivot towards merchant infrastructure signaled that Gate had ambitions beyond exchange operations. Four years after Dr. Han first initiated the Gate Pay program, the company says it is now ready to roll out a re-engineered version of the Gate App. Its now calls it a three-in-one platform: a centralized exchange (CEX), a Web3 wallet, and a crypto payments solution. The move elevates Gate Pay from a complementary feature into a core pillar of Gate’s long-term global strategy. “Just like Steve Jobs introduced the iPhone by saying it is a phone, an iPod, and an internet communicator, we integrate these three key functions into one Gate App,” Feng Z., Head of…

Gate Is Building Its Payment App Into a Super App Like iPhone

Gate App:- The era when a crypto app served a single, narrow purpose appears to be fading. As the crypto businesses evolves, exchanges, wallets, and payment platforms are increasingly redesigning themselves to offer multipurpose functionality.

Wallets such as Base Wallet are introducing social interaction features, while centralized exchanges such as Binance are integrating more traditional financial services directly into their platforms. The notion of isolated, single-utility products no longer exists in crypto.

Aligned with this, Singapore-based Crypto exchange Gate is taking an ambitious step toward blurring lines of friction between crypto with its app. This comes as the company announces major upgrade to its Gate Pay product to compete not just with exchanges, but with global fintech and super-app players.

Gate’s New ‘All-in-One App’

Gate Pay informed Block of Fame that it began as a concept in 2021, initially offering shopping experiences to Gate users through merchant mini-apps. This early version was less of a standalone payment product and more of a controlled experiment in crypto commerce.

Over time, the exchange expanded Gate Pay into a B2B solution for partner merchants, providing rails for accepting and settling crypto payments. The pivot towards merchant infrastructure signaled that Gate had ambitions beyond exchange operations.

Four years after Dr. Han first initiated the Gate Pay program, the company says it is now ready to roll out a re-engineered version of the Gate App. Its now calls it a three-in-one platform: a centralized exchange (CEX), a Web3 wallet, and a crypto payments solution.

The move elevates Gate Pay from a complementary feature into a core pillar of Gate’s long-term global strategy.

“Just like Steve Jobs introduced the iPhone by saying it is a phone, an iPod, and an internet communicator, we integrate these three key functions into one Gate App,” Feng Z., Head of Gate Pay said. “This is how crypto moves from being ‘tradable’ to being truly ‘useful.’”

Source: Linkedin Post

Now, with its latest upgrade, the company is focusing squarely on the consumer experience. Users of the revamped Gate App will be able to transact, store assets, participate in Web3 activities, and make real-world crypto payments — all from a single interface.

The evolution reflects a broader trend across digital asset platforms. Crypto Apps are increasingly seek to differentiate themselves through services beyond trading, including payments, self-custody, and decentralized finance access.

Gate emphasized that the new payment expansion is timed with the company’s global licensing push. The exchange says it has already secured approvals to offer CEX services in multiple regions, and will continue to work with local regulators to expand Gate Pay across a growing list of markets.

Also Read: Crypto Lawyer Solana Co-Founder ‘Failed to Hire’ Now Joins Its DAT

A Strategic Play in a Crowded Field

However, Gate Pay is entering a competitive landscape dominated by Binance Pay, Coinbase Commerce, Bybit Pay, and OKX Wallet — each vying to capture the intersection of payments and Web3 functionality. But Gate’s super-app thesis offers a distinctive angle: a tightly integrated user experience that blends both centralized and decentralized capabilities with everyday utility.

The company acknowledges that the future of crypto payments is unpredictable, but believes the groundwork it has laid over the past four years positions Gate favorably for the next phase of digital asset adoption.

In a market where exchanges are racing to diversify and differentiate, Gate’s bet on a unified, all-in-one crypto super app may signal the next evolution in how users manage, move, and spend their digital assets.

Also Read: Animoca to Secure Fund Manager License in Dubai

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Source: https://coingape.com/block-of-fame/pulse/gate-uses-apples-playbook-to-build-its-crypto-payment-super-app/

Market Opportunity
RWAX Logo
RWAX Price(APP)
$0.0001421
$0.0001421$0.0001421
-14.24%
USD
RWAX (APP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

The post Wormhole Unveils W Token 2.0 with Enhanced Tokenomics appeared on BitcoinEthereumNews.com. Joerg Hiller Sep 17, 2025 13:57 Wormhole introduces W Token 2.0, featuring upgraded tokenomics, a strategic Wormhole Reserve, and a 4% base yield, aiming to optimize ecosystem growth and align incentives. Wormhole has announced a significant upgrade to its native token, unveiling the W Token 2.0. This upgrade introduces new tokenomics including the establishment of a Wormhole Reserve, a 4% base yield, and an optimized unlock schedule, marking a pivotal development in the ecosystem, according to Wormhole. The W Token Evolution Launched in October 2020, Wormhole’s W token has been central to the platform’s mission of creating a connected internet economy. The latest upgrade aims to enhance the token’s utility across more than 40 blockchains. With a capped supply of 10 billion, the W token supports governance, staking, and ecosystem growth, aligning incentives for network security and development. Introducing the Wormhole Reserve The Wormhole Reserve will accumulate value from both onchain and offchain activities, supporting the ecosystem’s expansion. As Wormhole adoption grows, the token will capture value through network expansions and ecosystem applications, ensuring that growth is directly reflected in the token’s value. 4% Base Yield and Governance Rewards Wormhole 2.0 introduces a 4% base yield for W holders who actively participate in governance. The yield, derived from existing token supplies and protocol revenues, is designed to incentivize active participation without inflating the token supply. Optimized Unlock Schedule Updating its token release schedule, Wormhole replaces annual cliffs with bi-weekly unlocks, starting October 3, 2025. This change aims to reduce market pressure and provide a more stable environment for investors and contributors. The bi-weekly schedule will span over 4.5 years, affecting categories such as Guardian Nodes and Community & Launch. Wormhole’s Future Vision With these upgrades, Wormhole aims to expand its role as…
Share
BitcoinEthereumNews2025/09/18 15:48
Hacker behind the UXLINK attack loses $48 million to a phishing scam

Hacker behind the UXLINK attack loses $48 million to a phishing scam

The post Hacker behind the UXLINK attack loses $48 million to a phishing scam appeared on BitcoinEthereumNews.com. The UXLINK exploiter has been phished merely hours after the AI-powered Web 3 social platform’s multi-sig wallet had been breached. Lookonchain had reported on Monday that UXLINK’s multi-signature wallet was compromised, with funds drained across centralized and decentralized exchanges.  According to the blockchain analytics platform, the attacker was phished and lost 542 million UXLINK tokens, valued at approximately $48 million.  Interestingly, the hacker who attacked $UXLINK was targeted by a phishing attack and lost 542M $UXLINK($48M).https://t.co/Cp9QNHPE8Xhttps://t.co/M8tbPYAdiq pic.twitter.com/PxadIIfkDi — Lookonchain (@lookonchain) September 23, 2025 UXLINK had earlier admitted that its multi-sig wallet had been breached, and said that “a significant amount of crypto” was illicitly transferred, but most of them were frozen. “Our team is working through legal and compliant measures to ensure that the UXLINK token supply fully aligns with the rules stated in the whitepaper. The white paper remains the sole community consensus and standard for UXLINK’s token economy,” the project team wrote on X. UXLINK breach involved six wallets Security monitoring firm Cyvers Alerts flagged unusual activity early Monday on an Ethereum address linked to UXLINK. The account executed a delegateCall, removed the existing administrator role, and added a new multisig owner. After making the change, the hacker moved at least $4 million in USDT, $500,000 in USDC, 3.7 wrapped Bitcoin (WBTC), and 25 ETH. Onchain evidence also showed that the attacker sold UXLINK tokens on decentralized exchanges using six separate wallets. These trades netted at least 6,732 ETH, valued at roughly $28.1 million. Hours after pulling off the UXLINK exploit, the attacker themselves fell victim to a phishing scheme. Arbiscan onchain records show the loss occurred on Tuesday at around 02:15 UTC under the transaction hash 0xa70674ccc9caa17d6efaf3f6fcbd5dec40011744c18a1057f391a822f11986ee. Phishing attack on the UXLINK scammer. Source: Arbiscan. Two large transfers of UXLINK tokens were directed from the…
Share
BitcoinEthereumNews2025/09/23 18:34
Tron Makes Bold Moves in TRX Tokens Acquisition

Tron Makes Bold Moves in TRX Tokens Acquisition

Tron's Justin Sun supports TRX's strategic treasury initiative. TRX prices rise, signaling short-term recovery, yet long-term climate is uncertain. Continue Reading
Share
Coinstats2026/02/09 15:28