According to BlockBeats, on October 17, according to official news, Gate Pay recently launched an innovative perpetual payment address, which greatly simplifies the digital payment process. Merchants can easily receive payments in a variety of cryptocurrencies, including USDT, USDC and MATIC, by creating a long-term valid payment address. At the same time, the address supports multi-chain compatibility, such as Ethereum, Arbitrum, Polygon and other EVM chains, making the payment process more efficient and convenient, without the need to generate new addresses for different chains separately.

It is understood that Gate Pay's perpetual payment address also provides users with strict fund security through KYT (Know Your Transaction) technology. KYT tracks and verifies on-chain transactions in real time to ensure the legitimacy and security of each transaction. In addition, merchants can choose API integration or manually generate payment addresses to meet different business needs and further enhance operational flexibility.