Singapore Gulf Bank Launches First Bank-Run Platform for Multi-Chain Stablecoin Payments

TLDR

• Singapore Gulf Bank merges fiat and stablecoins in one regulated system
• New SGB platform enables secure multi-chain stablecoin settlement
• Bank bridges traditional finance with institutional stablecoin flows
• SGB Net upgrade simplifies compliant digital asset settlement
• Regulated stablecoin infrastructure expands institutional liquidity

Singapore Gulf Bank launched a new service that unifies fiat payments and stablecoin transactions for institutional clients. The bank introduced this regulated platform to support rising demand for secure digital settlement options. The move strengthens its role as stablecoin usage grows across global financial systems.

SGB Net Expands Into Regulated Multi-Chain Settlement

Singapore Gulf Bank advanced its infrastructure by adding stablecoin functionality to its existing SGB Net network. The system already processes large monthly fiat volumes and supports real-time settlement workflows. The upgrade brings stablecoin operations into a regulated environment and strengthens cross-border payment capabilities.

The bank designed SGB Net to simplify complex settlement paths across traditional and digital rails. The expansion now links stablecoin transfers with established compliance controls and operational safeguards. This structure offers consistent oversight across all supported assets.

SGB integrated the new layer to handle minting, holding, conversion and transfer functions. The platform targets institutional firms that require unified liquidity management. The development responds to rising global use of stablecoin assets in payment channels.

Stablecoin Support Across Leading Blockchain Networks

The upgraded system supports major stablecoin assets across multiple chains. The bank selected USDC and USDT as the first supported tokens because they dominate digital liquidity flows. The network also enables transactions on blockchains such as Solana, Ethereum and Arbitrum.

SGB structured this setup to eliminate fragmented workflows across unregulated venues. Institutions can now manage stablecoin liquidity without shifting between separate platforms. This reduces friction and accelerates settlement while maintaining oversight.

The bank positioned the new service as infrastructure rather than a retail product. Clients can manage fiat and stablecoin balances within one regulated system. This improves operational efficiency for firms with multi-currency and multi-chain needs.

Compliance, Security and Treasury Controls Strengthen the Platform

Singapore Gulf Bank embedded strict compliance rules across all stablecoin activity. Every transaction passes through KYC, KYB and AML controls to match traditional banking standards. This framework aligns with regulatory expectations in major financial regions.

The bank partnered with Fireblocks to enhance custody and security functions. The collaboration supports automated treasury management and reduces operational risks across digital flows. The arrangement also keeps full oversight with Singapore Gulf Bank.

SGB continues to coordinate with regulators and ecosystem partners as it finalizes guardrails for the new service. This process ensures that all stablecoin operations meet required governance and risk thresholds. The bank expects institutional onboarding to begin by early 2026.

Market Momentum Strengthens Adoption of Regulated Stablecoin Solutions

Demand for regulated access to stablecoin assets continues to grow worldwide. Dollar-backed stablecoins now play a central role in global settlement routes. This trend has accelerated regulatory action across key financial jurisdictions.

Recent launches of regulated stablecoin products highlight shifting market expectations. New frameworks in the United States and the UAE have increased pressure for compliant digital settlement paths. These developments support Singapore Gulf Bank’s move toward integrated stablecoin services.

The bank aims to serve as a central bridge between fiat systems and blockchain networks. The upgraded SGB Net platform supports this goal and expands institutional access to secure digital liquidity. The initiative reinforces the shift toward stablecoin infrastructure within regulated banking.

The post Singapore Gulf Bank Launches First Bank-Run Platform for Multi-Chain Stablecoin Payments appeared first on CoinCentral.