Payward Partners with Singapore Gulf Bank for 24/7 USD Settlement in Crypto Transactions
What happened
On October 5, 2026, Payward announced its integration with Singapore Gulf Bank’s SGB Net for continuous U.S. dollar settlement in institutional digital asset transactions.
The Context
- Continuous Market Operations: Cryptocurrency markets operate 24/7, while traditional banking systems impose cutoffs, creating friction for institutional participants.
- Strategic Partnership: This integration allows select clients to fund trading positions immediately, bypassing conventional banking delays.
- Expansion Plans: Both Payward and Singapore Gulf Bank plan to broaden access to additional currencies and clients in the coming months.
The Number
— the monthly fiat transaction volume processed by SGB Net, highlighting the scale and potential impact of this integration on institutional trading.
Takeaway
Expect increased operational efficiency for institutional crypto participants as this partnership evolves and expands.
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