Gate Supports PayPal USD (PYUSD) Token Swap

Gate will support contract swap for PayPal USD (PYUSD). The current PYUSD - ETH contract tokens will be swapped to PYUSD-SOL contract at a 1:1 ratio. Gate has suspended deposit and withdrawal services for PayPal USD (PYUSD) and will provide a seamless swap service for users, and users are not required to take any action during the process.

Gate Will Take the Following Steps:

1. Gate has suspended deposit and withdrawal services for PayPal USD (PYUSD)
2. Gate will enable deposit and withdrawal services for PYUSD-SOL chain after the swapping.
3. User trading will not be affected during the swap process.
4. New PYUSD - SOL chain ID: 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo

Please note that Gate will no longer support PYUSD - ETH contract tokens. After the swap is completed, Gate will support deposit and withdrawal services for PYUSD - SOL contract tokens.

We understand this change may cause some inconvenience and sincerely apologize for any disruption caused. We are committed to ensuring a smooth swap process and will provide timely updates as needed.
Thank you for your support and trust in Gate. If you have any questions or need assistance, please feel free to contact our customer service team.

Gate Team
September 5, 2025

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