Key Takeaways
- Standard Chartered and DCS launch DeCard, enabling stablecoin spending in Singapore.
- DeCard integrates with fiat systems via D-Vault accounts and Standard Chartered’s banking infrastructure.
- Singapore’s regulatory framework supports secure and compliant stablecoin use, encouraging innovation.
Standard Chartered and DCS Introduce Stablecoin Credit Card in Singapore
Standard Chartered has joined forces with DCS Card Centre to launch DeCard, a pioneering credit card that enables users to spend stablecoins for everyday transactions. Debuting in Singapore, this partnership signals a growing push toward mainstream adoption of digital assets in real-world payments.
Also Read: How Aptos Quietly Outpaced Rivals in Stablecoin Growth
The collaboration leverages Standard Chartered’s extensive banking infrastructure to support DeCard users with fiat and stablecoin settlements, account management, and top-up processing. By integrating virtual accounts and API connectivity, the bank ensures efficient reconciliation of payments, making stablecoin transactions as seamless as traditional card payments.
DeCard: Bridging Stablecoins and Everyday Spending
DeCard, powered by DCS, allows cardholders to manage balances and repayments through its D-Vault account system, combining the flexibility of stablecoins with familiar credit card functionality. DCS, formerly Diners Club Singapore, brings over 50 years of experience in card issuance, now focused on Web3 innovation and digital payments.
Also Read: What Is a Stablecoin?
Joan Han, Chief Commercial Officer at DCS, emphasized that the partnership “brings secure, transparent, and efficient stablecoin payments to the mainstream,” highlighting the project’s goal of responsible digital asset adoption in daily life.
Singapore as a Stablecoin Hub
Singapore has emerged as a global hub for regulated crypto assets, implementing clear frameworks for stablecoins under the Payment Services Act. The Monetary Authority of Singapore classifies stablecoins as digital payment tokens and recently introduced a separate framework for single-currency stablecoins pegged to the SGD, USD, or EUR.
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This regulatory clarity has encouraged crypto firms to introduce stablecoin payment solutions in the country. For instance, OKX Pay launched in September 2025, enabling users to pay with USDC or USDT at GrabPay merchants, reflecting a broader trend toward real-world adoption of digital assets.
The DeCard launch marks a significant milestone in bridging traditional finance and digital assets, offering consumers a practical, regulated way to spend stablecoins in daily life. With plans to expand into other markets, this partnership could redefine how digital assets integrate with mainstream financial services.
