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MSB INTEL MSB INTEL @msbintel · 117 subscribers
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Singapore Gulf Bank adds stablecoin conversion to app

Singapore Gulf Bank customers can now exchange US dollars directly to USDT and USDC through their banking application. The feature integrates dollar-to-stablecoin exchange into the existing mobile banking interface, removing an extra step for users seeking exposure to blockchain-based dollar versions.

The move marks another regional bank adopting stablecoin on/off-ramps. USDT and USDC are the two largest dollar-pegged stablecoins by market capitalization, collectively representing over $140 billion in circulation across blockchain networks.

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