Updated 17 April 2026 at 18:53CoinCex editorial review
Singapore Gulf Bank introduces stablecoin minting and redemption for round-the-clock settlement
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The Bahrain-headquartered bank now allows institutional customers to mint and redeem US dollar-pegged stablecoins directly from their accounts, converting fiat without intermediary steps.
The Bahrain-based lender lets institutional clients convert fiat currency to US dollar-pegged stablecoins directly from their accounts.
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