Singapore Gulf Bank (SGB) launched a stable currency minting and redemption service on the Solana blockchain at Breakpoint 2025 in Abu Dhabi. This service is availableSingapore Gulf Bank (SGB) launched a stable currency minting and redemption service on the Solana blockchain at Breakpoint 2025 in Abu Dhabi. This service is available

Solana (SOL) Targets $145 as SGB & WisdomTree Boost Institutional Adoption

2025/12/14 01:30
  • Solana powers SGB’s zero-fee stablecoin service, allowing corporate clients to convert fiat to USDC and USDT seamlessly.
  • WisdomTree is tokenizing $140B in revenue assets on Solana, including dividends and royalties.
  • SOL is trading in a critical $125–$145 range, where above $145 is bullish and below $125 may signal downside.

Singapore Gulf Bank (SGB) launched a stable currency minting and redemption service on the Solana blockchain at Breakpoint 2025 in Abu Dhabi. This service is available for businesses; customers can exchange fiat for USDC and USDT, and vice versa, with no charges involved in the process.

The service is centered on the corporate treasury side, handling cross-border transactions, eliminating the need for middleman settlements. The high-throughput, low-cost nature of the Solana network facilitates fast, optimized real-time transfers, which are unmatched by existing systems. The SGB has facilitated more than $7 billion in cross-border transactions in the Asian-GCC corridor.

SGB has partnered with Fireblocks for secured institutional-level storage, thereby complementing the SGB Net real-time clearing solution. The incorporation of stablecoin management on the blockchain, along with an established position in the regulated banking sector, sets SGB at the crossroads of TradFi and DeFi. This also caters to an increased demand from clients for global liquidity on a 24/7 basis.

Also Read: Solana (SOL) Eyes Massive $500 Rally After State Street Partnership

WisdomTree Tokenizes 140B Cashflow Assets on Solana

However, data from Solana revealed that WisdomTree, with $140 billion in assets under management, is bringing provable cash flow assets to the Solana blockchain. This is to facilitate the tokenization of instruments that generate income, such as dividends and royalties, providing a transparent way for investors to gain exposure on the blockchain thanks to the efficient infrastructure provided by the network.

This is a significant move that also underlines the merging of traditional finances and DeFi. The concept of asset tokenization would make real-world assets more liquid, accessible, and traceable. This move by WisdomTree is a significant step that keeps it ahead in the ever-changing crypto environment.

Solana on the Edge: Critical $125–$145 Range in Focus

Technically, the crypto analyst, Ali, highlighted that the SOL price is at a critical crossroads as traders are waiting for a decisive signal. If the price is able to maintain itself above $145, it might turn around the overall trend to positive, which might lead to a buy signal, taking the prices to higher levels. This is a critical resistance point.

Source: Ali

On the flip side, a break below $125 may shift the sentiment towards a bearish area, indicating an increase in the selling pressure. This level of failure may open the way for a correction in SOL towards the deeper support levels. The traders are waiting for these pivotal points to see the massive upcoming shift in SOL.

Also Read: Solana Expands DeFi Ecosystem with XRP Integration and wXRP Launch

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The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
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