Singapore Gulf Bank Launches Stablecoin Exchange for Individual Customers

Singapore Gulf Bank (SGB) has announced that individual customers can conduct two-way exchanges between USD and USDT, USDC through the mobile banking app, without the need to transfer funds to a cryptocurrency exchange. Customers can hold USDT, USDC, and other fiat currencies in the same bank account, and the service supports 24-hour exchanges from Monday to Friday. Singapore Gulf Bank is initiated by the Singapore Huangpu Group.

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