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Wu Blockchain reports: Singapore's Bayfront Bank (SGB) announced that retail customers can now achieve two-way conversion between USD and USDT/USDC through its mobile banking application, eliminating the need for crypto exchanges. Customers can also hold both fiat currency and stablecoins in the same bank account.
Wu Blockchain reports: Singapore Gulf Bank (SGB) announced that retail customers can now convert between USD and USDT/USDC bi-directionally through its mobile banking app, without needing a crypto exchange. Customers can also hold both fiat and stablecoins in the same bank account. This service is available 24 hours a day, Monday to Friday. Singapore Gulf Bank was launched by Whampoa Group and is one of Asia's key crypto-friendly banks.
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