Singapore Gulf Bank launches USD–USDC stablecoin service on Solana

6 hours ago 15

Singapore Gulf Bank has introduced a USD–USDC stablecoin mint and redeem service on Solana. The Polymarket contract for Solana reaching $150 in April 2026 sits at 0.1% YES.

The stablecoin service targets institutional clients and could add liquidity to Solana’s network. The Solana Price Predictions for April 2026 contract shows a 15% YES probability on reaching $150. The April 13-19 short-term market remains at 0% YES, as infrastructure changes like this don’t tend to move near-term price expectations.

The service represents a move toward regulated, bank-operated stablecoin rails, which matters specifically for GCC liquidity flows. The April 2026 market’s 15% probability is consistent with Solana’s push into institutional finance infrastructure. The short-term market sitting at 0% suggests traders treat this as a longer-term catalyst, not something that reprices Solana within days.

Trading volume is at $0 for the short-term markets, and the April 2026 market hasn’t shown a meaningful move yet. Thin liquidity means a single large trade could swing the odds significantly.

At 15¢, a YES share on Solana reaching $150 in April 2026 pays $1, a 6.67x return. That bet requires sustained institutional adoption over the next two weeks.

Watch for announcements from GCC financial institutions or Solana’s developer ecosystem that signal further adoption. New partnerships or on-chain metric improvements (TVL, stablecoin volume on Solana) could move the April 2026 contract.

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