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Updated 17 April 2026 at 12:49CoinCex editorial review

Singapore Gulf Bank Rolls Out Stablecoin Minting and Redemption for Institutional Clients

#Crypto News Bank Singapore Solana (SOL) Stablecoin

Singapore Gulf Bank (SGB) has introduced a stablecoin mint and redeem service on SGB Net, aimed at institutional and high-net-worth clients. The service supports instant settlement around the clock for transactions exceeding $100,000. SGB is also waiving Solana gas fees and bank charges to encourage early usage.

Singapore Gulf Bank has launched a stablecoin mint and redeem service, allowing institutional and high-net-worth clients to convert fiat currency to digital assets with 24/7 instant settlement. Key Takeaways: SGB launched 24/7 stablecoin minting on SGB Net to enable instant settlement for transactions over $100,000. To drive adoption, SGB is waiving Solana gas and bank […]
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Singapore Gulf Bank Rolls Out Stablecoin Minting and Redemption for Institutional Clients