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

Singapore to Hong Kong

16 providers cover Singapore → Hong Kong and median settlement of 0s — 4 with licence claims on file.

Providers
16
Median all-in
—
Median settle
0s
Licensed locally
4
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 16 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 Hong Kong
5 payment methods documented across 16 providers.
✔
Singapore funding route
16 providers list coverage originating from or into this pair.
✔
Regulatory coverage
4 of 16 providers publish at least one licence claim.
✔
Disclosed pricing
1 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 SGD to Hong Kong on stablecoin rails settles in 0s, across 16 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 Hong Kong entity — 4 providers settle through a MiCA — CASP authorisation-authorised partner.

Cite: The Stablecoin HQ, SG→HK Corridor, 28 Oct 2026 (n=16 providers)
Methodology
Providers on this routeRanked by verified review score
1
A
Airwallex✓ VERIFIED
Airwallex provides multi-currency accounts, FX, payouts, card issuing and acquiring; it has begun adding stablecoin capabilities.
2
A
Alchemy Pay✓ VERIFIED
Alchemy Pay provides on/off-ramp, card issuing and merchant payment solutions in 170+ countries.
3
A
Ant International✓ VERIFIED
Ant International runs Alipay+, Antom and WorldFirst and uses its Whale platform for tokenised treasury and stablecoin settlement.
4
C
ChainUp✓ VERIFIED
ChainUp provides white-label exchange, custody, wallet and crypto card infrastructure.
5
C
Citi Token Services offers 24/7 cross-border tokenised deposit payments for corporate clients.
6
C
Cobo✓ VERIFIED
Cobo provides MPC custody, wallet-as-a-service, stablecoin payments and agentic wallet infrastructure.
7
C
Cregis✓ VERIFIED
Cregis provides self-custodial MPC wallets, crypto payment engine and compliance tools for enterprises.
8
H
HashKey Exchange✓ VERIFIED
HashKey operates SFC-licensed exchange, custody, OTC and HashKey Chain.
9
H
Hex Trust✓ VERIFIED
Hex Trust offers custody, staking and markets with licences in Hong Kong, Singapore, Dubai and Italy.
10
H
HSBC✓ VERIFIED
HSBC offers tokenised deposit services and received one of Hong Kong's first stablecoin issuer licences in April 2026.
11
I
Interactive Brokers offers crypto trading via Paxos and Zerohash and accepts stablecoin account funding.
12
M
Matrixport✓ VERIFIED
Matrixport provides custody (Cactus), trading, lending and structured products.
Showing 12 of 16 providers
Cost distribution16 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%+
0
Not disclosed
15

Self-reported pricing at the $250k – $1M band. 1 of 16 providers disclose an all-in fee; 15 have not published pricing at this band yet.

SG → Hong Kong · corridor briefingRESEARCH DESK12 UNIQUE DATA POINTS · 11% SHARED

What it costs to move SGD to Hong Kong, and what drives the price

16 providers cover SG → Hong Kong with median settlement at 0s. 9 document SWIFT on this route. 4 publish at least one licence claim for Hong Kong.

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
16
Median all-in
—
Median settle
0s
Locally licensed
4

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%

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 Hong Kong 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.

Singapore → Hong Kong, answered

From real buyer questions. Marked up as FAQPage.

Only 1 of 16 providers have published an all-in fee on this route so far — shortlist on rail access and authorisation, then compare live quotes.

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

What the median hides

15 of 16 providers on this route have not published an all-in fee yet. That gap often means the route is under-reported rather than expensive — buyers who skip unmeasured corridors sometimes miss the least contested pricing.