Singapore Gulf Bank has introduced a new stablecoin service targeting enterprises and high-net-worth clients, enabling 24/7 real-time conversion between fiat currencies and stablecoins. Initially, the service will support a 1:1 exchange of USD to USDC on the Solana blockchain. The bank plans to extend this feature to individual users by the end of Q2 this year and expand support to include other stablecoins such as USDT, USDe, and USDG.