Investment
Features
FeesSafety
Academy
More
Pluang+

Singapore Gulf Bank launches 24/7 fee-free USD to USDC conversion on Solana for institutions

Market News
17 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Singapore Gulf Bank has introduced a new stablecoin service allowing institutions to convert USD to USDC on the Solana blockchain with 24/7 settlement and no fees for a limited time. This service supports instant minting and redemption at a fixed 1:1 rate, targeting institutional clients initially to meet demand for efficient crypto-fiat transactions. The bank plans to extend this service to retail users by the end of Q2, aiming to provide faster, continuous access to stablecoin conversion through Solana's fast and low-cost network. This phased rollout helps the bank refine operations while expanding access to both institutional and individual users in the near future.

More News

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
3 hours ago
Kenmare Resources expects stronger production in H2 2026 after weak H1 results.

Kenmare Resources expects stronger production in H2 2026 after weak H1 results.

Kenmare Resources reported weaker-than-expected production in the first half of 2026 due to commissioning delays at its Wet Concentrator Plant A, with ilmenite output down 40% year on year in Q2. Despite this, shipments increased by 53% as the compan...

Market News
Neutral
4 hours ago
Alphamin Resources shows strong cash flow and low valuation despite risks at its Bisie tin mine.

Alphamin Resources shows strong cash flow and low valuation despite risks at its Bisie tin mine.

Alphamin Resources delivers strong free cash flow from its high-grade Bisie tin mine, maintaining consistent output of 20,000 tonnes per annum. Despite operational risks in the Democratic Republic of Congo, the company trades at a significant valuati...

Market News
Bullish
4 hours ago
Thor Explorations stays on track with gold production and strong cash position in Q2 2026.

Thor Explorations stays on track with gold production and strong cash position in Q2 2026.

Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...

Company Fundamentals
Bullish
4 hours ago
Angelini Pharma completes $4.1B acquisition of Catalyst, expanding US presence and brain health leadership.

Angelini Pharma completes $4.1B acquisition of Catalyst, expanding US presence and brain health leadership.

Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App