Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Grow your wealth in fiat investment

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

Stock CFD Derivatives

Access real US stocks and ETFs

Trade quality Hong Kong-listed stocks

Real Korean stocks and top assets

High leverage, 24/7 trading

Tokenized Stocks

Backed by real stock assets

Unlock full access to global stock IPOs

Mint GUSD for Treasury RWA yields

Stocks Activities

Trade Popular Stocks and Unlock Generous Airdrops

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Take control of your financial future

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

Mint GUSD for Treasury RWA yields

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Volvo Group Tests Proprietary Cryptocurrency for Supplier Payment Settlement

2026-07-16 16:22:12

TOKEN-3.00%

According to Cardano Foundation, Volvo Group has tested a proprietary cryptocurrency to settle payments across its supplier network, treating blockchain as a payment tool rather than merely a tracking system. The company built the digital token to link material suppliers, transport providers, and Volvo within a single settlement layer, avoiding multiple national currencies in cross-border transactions. The token remains valid only within the closed ecosystem and is restricted to authorized partners. Volvo ran the test partly in response to regulatory compliance risks, including the European Union's Russia sanctions, which expose manufacturers to heavy fines if sanctioned components reach restricted markets through resellers. The project remains in internal exploration and has not reached commercial deployment, with no timeline set for broader rollout.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Visa Launches Stablecoin Platform for Over 200 Million Merchants on July 16

Cardano Foundation, Volvo Discuss Blockchain for Supply Chain Sanctions Compliance

Tradable Integrates With Stellar Network to Tokenize Up to $1B in Private Credit Assets

Volvo Group Created Proprietary Cryptocurrency for Internal Supplier Payment Testing, Cardano Foundation Reports

Volvo Group Tests Proprietary Cryptocurrency for Supply Chain Settlement

In-Depth Analysis

Visa and Artemis Propose Hybrid Card-Stablecoin Model for AI Payments

Crypto Frontier5h ago

Lloyds, Aberdeen, Archax Complete UK's First FX Trades Using Tokenized Collateral on Hedera

Crypto Frontier7h ago

Ripple Confirms SWIFT Messaging Interoperability in Official Documentation

Ethan Brooks7h ago

Comment

0/400

No comments