According to CoinMeta, Gate US App has now launched features for USD balances as well as wire transfers in and out of funds. Users can hold USD in their accounts and directly use these USD balances for transactions without having to convert the funds into stablecoins. Eligible users who have completed identity verification can initiate wire transfers from their US bank accounts and withdraw their USD balances to their verified bank accounts with the same name. The announcement states that wire transfers support larger amounts of capital transfer compared to bank cards or third-party payment methods. USD's deposit and withdrawal services are only available in certain US jurisdictions; residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming cannot use them. Gate US holds 37 state-level financial transmission licenses (MTLS), and its compliant operations cover all 47 states and regions of the United States.