Singapore Gulf Bank launches stablecoin minting and redemption services to support instant cross-border settlements for enterprises
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ChainCatcher reports that Singapore Gulf Bank (SGB) has announced the launch of stablecoin minting and redemption services. Corporate and high-net-worth clients can directly convert between fiat currency and stablecoins through their SGB accounts, enabling 24/7 instant settlement without relying on traditional correspondent banking processes.
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