Singapore Gulf Bank has unveiled SGB Net, a real-time clearing network designed for digital asset companies. This network is expected to streamline global transactions by eliminating high fees and long settlement periods traditionally associated with financial services.
The bank is actively exploring the stablecoin market, preparing to invest up to 50 million USD to acquire a stablecoin firm by 2025. This move highlights Singapore Gulf Bank’s commitment to modern financial solutions, integrating traditional and digital assets.
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