Back

SGB Bank Waives USDC and USDT Minting and Redemption Fees on Solana

The bank announced that both individual and institutional users can mint and redeem USDC and USDT on the Solana blockchain without fees.

USDT
SOL
USDC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle for low-volatility digital transactions.
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, widely used for trading and payments.
  • Solana: A high-performance blockchain network known for fast transactions and low fees.