Singapore Gulf Bank has launched a new platform called SGB Net that allows institutions to mint and settle USDC and USDT stablecoins in real-time alongside USD, with the platform already reaching $2B in monthly volume.
Singapore Gulf Bank has launched a pioneering fiat-stablecoin interoperability network, allowing institutions to mint and settle USDC and USDT in real-time alongside USD, as its SGB Net clearing platform hits $2B in monthly volume.
The post Singapore Gulf Bank Launches Regulated Fiat-Stablecoin Network for Asia and GCC appeared first on The Fintech Times.
Lloyds Banking Group announced that its use of generative AI generated £50M in value in 2025, and they have set a target of over £100M in value from 'next gen' AI by 2026. This includes rolling out an AI-powered financial assistant to their 21M users and launching an AI Academy to upskill their 67,000-strong workforce.
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