Singapore becomes the first country to see a stablecoin credit card launch when Standard Chartered partnered with DCS Card Centre to introduce DeCard. This innovative new card offers users seamless spending using stablecoins at physical locations in Singapore, bridging traditional finance with the world of DeFi. DeCard connects cryptocurrency users with their bank accounts through an instant payment system and secure D-Vault technology. Standard Chartered acts as principal banking partner for this project, handling various transactions related to this innovation. Notably, DCS Card Centre leverages Standard Chartered’s virtual account infrastructure for seamless user onboarding and efficient processing of stablecoin payments.