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Singapore Gulf Bank Expands 24/7 Dollar Settlement

Singapore Gulf Bank has expanded round-the-clock U.S. dollar settlement through BNY, allowing eligible payments to clear during weekends and U.S. public holidays. The move is notable for traditional banks beginning to offer a feature that made stablecoins compelling: dollars that move beyond banking hours. The service can be used for account funding, corporate payables, and time-sensitive cross-border treasury transactions.

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