Singapore Gulf Bank Unveils Stablecoin Mint and Redeem Service for Institutional Clients

Singapore Gulf Bank launched a stablecoin mint and redeem service for institutional clients, enabling 24/7 instant fiat-to-digital asset conversions. The service, on SGB Net, allows transactions over $100,000 and waives Solana gas fees to promote adoption, marking a step forward in institutional crypto use in Singapore.

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