According to CoinMeta, Gulf Bank of Singapore ( sgb ) announced that individual customers can conduct two-way exchanges between US dollars ( USD ) and USDT , USDC through mobile banking ( app ), without the need to transfer funds to cryptocurrency exchanges. Customers can also hold USDT , USDC , and other fiat currencies within the same bank account. This service supports 24-hour exchanges from Monday to Friday. Gulf Bank of Singapore, initiated by the Singaporean Huangpu Group, is currently one of the most crypto-friendly banks in Asia.