Gulf Bank Launches Stablecoin Exchange for Singapore Retail
Photo: Coincu
Gulf Bank has announced the launch of a stablecoin exchange service aimed at individual customers in Singapore, adding a bank-backed retail entry point into the stablecoin market as demand for regulated digital-asset access grows across Southeast Asia. According to the announcement, Gulf Bank is launching a stablecoin exchange targeting individual customers based in Singapore. The service is bank-led, which distinguishes it from pure-play crypto exchanges and positions it as a more regulated-adjacent channel for retail users seeking to convert between fiat and stablecoins.
Source: Coincu
