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Singapore Gulf Bank launches a USD-USDC mint and redeem service on Solana

cryptoblockchains 2 posts · 2 accounts

The bank's 24/7 conversion rail expands institutional stablecoin infrastructure on Solana and signals continued bank-led experimentation with tokenized dollars.

From the sources (2 posts)

@wublockchain

Singapore Gulf Bank @sgb_app has launched a stablecoin mint and redeem service, enabling 1:1 USD–USDC conversion on Solana with 24/7 settlement and waived fees for a limited time. The service currently targets institutional clients and plan

@cointelegraph

🇸🇬 NEW: Singapore Gulf Bank launches a stablecoin mint and redeem service enabling 1:1 USD-USDC conversion on Solana.

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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