Techub News Announcement: Singapore's Gulf Bank (SGB) officially launches stablecoin minting and redemption services. Corporate and high-net-worth clients can now directly exchange fiat currency and stablecoins through their SGB accounts, enabling real-time settlement around the clock. This service has been integrated into their proprietary clearing network, SGB Net, and initially supports USDC transactions over $100k. Future plans include adding support for USDT, USDe, and USDG.

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