
Gulf Bank Launches Stablecoin Exchange for Retail Users in Singapore
- —Service targets individual customers based in Singapore
- —Bank-led exchange, unlike pure-play crypto platforms
- —Supported stablecoins, pairs and fees remain undisclosed
- —MAS license and custody arrangements not confirmed
Why it matters: A bank-run stablecoin exchange lowers the barrier for retail users in Southeast Asia, though the lack of product details limits any near-term market impact.
Source: Coincu
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