TLDR Crypto · MISCELLANEOUS
SINGAPORE GULF BANK ENABLES NATIVE USDT/USDC CONVERSION
Summary from the TLDR Crypto newsletter
Singapore Gulf Bank, backed by Singapore's Whampoa Group, now lets retail customers convert between USD and USDT or USDC natively within its mobile banking app, eliminating the need to route funds through a separate crypto exchange. USD, USDT, and USDC sit in the same account, with conversions available around the clock Monday through Friday. SGB represents a growing class of Asia-based banks building stablecoin access directly into core banking infrastructure.