Standard Chartered and DCS Launch Stablecoin Credit Card in Singapore

Standard Chartered and DCS Card Centre have partnered to launch DeCard, a new credit card enabling seamless stablecoin spending for everyday transactions. The innovation debuts in Singapore, aiming to integrate digital assets into traditional banking systems. ✈️ This initiative leverages existing card networks to allow users to buy goods and services using stablecoins, eliminating conversion delays. 💪 Standard Chartered provides transaction banking and settlement services, while DCS leverages its expertise to enable smooth payment processing. The project’s success relies on the regulatory framework in Singapore, where stablecoin payments are governed by the Payment Services Act. 🔐 After Singapore, the partners aim to expand DeCard globally, bringing stablecoins into mainstream consumer payment systems.