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Singapore Gulf Bank has launched SGB Net a real-time multi-currency clearing network built to serve the fast-growing digital asset ecosystem. This new platform allows free 24/7 transfers with no need for SWIFT and eliminates the delays and high costs of traditional banking systems.
SGB Net is tailored for crypto exchanges stablecoin issuers OTC desks and prime brokers offering instant zero-fee settlements. Users can automate treasury payroll and vendor payments while accessing institutional-grade liquidity and API-based fiat-to-crypto conversions around the clock.
The platform also helps reduce FX costs and geopolitical risks by enabling direct transfers outside conventional systems. With plans to launch named sub-accounts off-exchange settlement and triparty services SGB Net is setting a new standard for capital efficiency in the digital economy.
