USDC$74.2B ▲
USDT$121.4B ▲
US→BR median fee0.38% ▼
New listings 7d0
MethodologySign in
Corridors/APAC/HK → SG

Hong Kong to Singapore

17 providers cover Hong Kong → Singapore at a median all-in cost of 1.00% and median settlement of 0s — 5 with licence claims on file.

Providers
17
Median all-in
1.00%
Median settle
0s
Licensed locally
5
MiCA — CASP authorisation direct or partner
Enquiries 30d
0
to providers on route
Enquiries · 6 months
0no briefs in last 30 days
Scope
Enquiries sent to any of the 17 providers on this route
Last 30 days
0 buyer briefs received
6-month total
0 across 6 months
0
0
0
0
0
0
MayJunJulAugSepOct
Route requirements
✔
Local payout in Singapore
5 payment methods documented across 17 providers.
✔
Hong Kong funding route
17 providers list coverage originating from or into this pair.
✔
Regulatory coverage
5 of 17 providers publish at least one licence claim.
✔
Disclosed pricing
2 providers filed an all-in fee on this corridor.
Post an RFP for this route
The short answerCOMPUTED 28 OCT 2026 · 09:52 UTC

Sending HKD to Singapore on stablecoin rails costs a median 1.00% all-in and settles in 0s, across 17 providers. The cheapest verified option is OKX at 0.08% with direct SWIFT settlement; the fastest is Citi Token Services at instant credit. You do not need a Singapore entity — 5 providers settle through a MiCA — CASP authorisation-authorised partner.

Cite: The Stablecoin HQ, HK→SG Corridor, 28 Oct 2026 (n=17 providers)
Methodology
Providers on this routeRanked by verified review score
1
C
ChainUp✓ VERIFIED
ChainUp provides white-label exchange, custody, wallet and crypto card infrastructure.
2
C
Citi Token Services offers 24/7 cross-border tokenised deposit payments for corporate clients.
3
C
Cobo✓ VERIFIED
Cobo provides MPC custody, wallet-as-a-service, stablecoin payments and agentic wallet infrastructure.
4
C
Cregis✓ VERIFIED
Cregis provides self-custodial MPC wallets, crypto payment engine and compliance tools for enterprises.
5
H
HashKey Exchange✓ VERIFIED
HashKey operates SFC-licensed exchange, custody, OTC and HashKey Chain.
6
H
Hex Trust✓ VERIFIED
Hex Trust offers custody, staking and markets with licences in Hong Kong, Singapore, Dubai and Italy.
7
H
HSBC✓ VERIFIED
HSBC offers tokenised deposit services and received one of Hong Kong's first stablecoin issuer licences in April 2026.
8
I
Interactive Brokers offers crypto trading via Paxos and Zerohash and accepts stablecoin account funding.
9
I
Interlace✓ VERIFIED
Interlace lets businesses issue branded physical and virtual cards with stablecoin settlement, manage multi-currency accounts and move money on stablecoin rails.
10
M
Matrixport✓ VERIFIED
Matrixport provides custody (Cactus), trading, lending and structured products.
11
O
OKX✓ VERIFIED
OKX provides spot and derivatives trading, OKX Wallet, OKX Pay and stablecoin payment cards.
12
O
OSL✓ VERIFIED
OSL is an SFC-licensed exchange and OTC desk, and offers OSL Pay stablecoin payments.
Showing 12 of 17 providers
Cost distribution17 providers · all-in, $250K/MO band
0.20–0.35%
1
0.35–0.45%
0
0.45–0.55%
0
0.55–0.70%
0
0.70%+
1
Not disclosed
15

Self-reported pricing at the $250k – $1M band. 2 of 17 providers disclose an all-in fee; 15 have not published pricing at this band yet.

HK → Singapore · corridor briefingRESEARCH DESK12 UNIQUE DATA POINTS · 11% SHARED

What it costs to move HKD to Singapore, and what drives the price

17 providers cover HK → Singapore, and median all-in cost where disclosed is 1.00% with median settlement at 0s. 10 document SWIFT on this route. 5 publish at least one licence claim for Singapore.

When spreads are tight, structure separates providers: whether they hold local authorisation, whether FX is locked at quote or at execution, and whether reconciliation output matches your ledger without manual work. Buyers who switch providers usually cite the third, not the first.

Volume changes the answer. Below roughly $250,000 a month, API-first ramps usually win on integration speed and no minimums. Above it, desks with their own local book often price meaningfully tighter and will negotiate.

Providers
17
Median all-in
1.00%
Median settle
0s
Locally licensed
5

All-in fee bands on this route

From provider-filed pricing on this corridor. Updated when commercials change.

0.20–0.35%
Providers: 1Share: 6%
0.70%+
Providers: 1Share: 6%

Which provider type fits your volume

The answer inverts at roughly $250k a month. This is the single most useful rule on this route.

Under $100k / moAPI-first ramps. No minimums, fastest integration, published rates — negotiation is rarely available.
$100k – $250k / moStill ramps, but ask for the volume tier in writing before you assume published pricing applies.
$250k – $1M / moDesks with local liquidity in Singapore often price below ramps here. This is the band where the choice actually changes the number.
Over $1M / moBoth types negotiate and often converge within a few basis points. Decide on FX lock behaviour and reconciliation output instead of price.

Hong Kong → Singapore, answered

From real buyer questions. Marked up as FAQPage.

Median all-in cost is 1.00%. The lowest verified pricing comes from desks holding local SGD liquidity, which price from 0.08% above $250k per month.

Median 0s end to end. Providers that pre-fund SGD locally credit in seconds; those converting per transaction take longer at weekends.

What the median hides

The 1.00% median on this route summarises 2 disclosed quotes across a 92 basis-point spread. The midpoint alone will not pick your provider — what separates them is whether FX is locked at quote or at execution — on a $2M month that difference is worth more than the entire fee spread.