Singapore Gulf Bank Introduces Stablecoin Mint and Redeem Facility for Institutions
Singapore Gulf Bank now offers a stablecoin mint and redeem service. Institutional and high-net-worth clients can convert fiat to digital assets with instant settlement around the clock. The bank has launched this on SGB Net for transactions exceeding $100,000. To encourage adoption, SGB is waiving Solana gas fees and bank charges.
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
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