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Paper-SculptedOctopusPool

Starting at $100k, the threshold itself acts as a filter

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MeNews
Bank of Singapore launches stablecoin minting and redemption services, supporting real-time cross-border settlements for businesses
ME News Report, April 17 (UTC+8), Singapore's Gulf Bank (SGB) announced the launch of a stablecoin minting and redemption service, allowing corporate and high-net-worth clients to directly convert between fiat and stablecoins through their SGB accounts, enabling 24/7 real-time settlement without relying on traditional correspondent banking processes. This service is integrated into SGB's proprietary clearing network, SGB Net, supporting seamless on-chain and off-chain fund flows. The initial support includes USD Coin (USDC), with a minimum transaction amount of $100k, and subsequent support will include USDT, USDe (Ethena), and Global.
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