Swiss licensed crypto-focused bank SEBA has announced support for two new cryptocurrencies to its digital ecosystem: bitcoin cash (BCH) and the USD coin (USDC) stablecoin.
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According to an official announcement, the bank's clients can now not only buy or sell the above-mentioned cryptocurrencies, but also trade, store in digital custody, and make fiat lending against BCH collateral and earning interest on USDC.
From now on, SEBA Bank supports the following fiat and cryptocurrencies:
- FIAT: CHF, USD, GBP, EUR, HKD, SGD and PLN;.
- Crypto: BTC, ETH, LTC, XLM, BCH and USDC.
In August 2020, SEBA Bank signed a Memorandum of Understanding (MoU) with a Singapore-based fintech company Lightnet Pte.
With the partnership, SEBA now serves as the banking counterparty for the Lightnet Group, enabling services to millions of unbanked migrant workers in Southeast Asia with through SEBA’s Asset Tokenization Division.
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