Singapore Gulf Bank opens 1:1 USD-USDC mint and redeem on Solana with 24/7 settlement, retail access by end of Q2

Singapore Gulf Bank flipped on a 1:1 USD-USDC mint and redeem service on Solana, running 24/7 with waived fees during the launch window. Institutional clients get access now; retail opens by end of Q2 2026. Another MAS-regulated bank picking Solana for stablecoin settlement over traditional correspondent wire rails.

TLDR by @Benthic

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• USDC
• Solana
• Retail
• Singapore