Standard Chartered partners with DCS to launch stablecoin-based credit card DeCard in Singapore

Jinse Finance reported that Standard Chartered Bank has partnered with DCS Card Centre to become the main banking partner for the new credit card, DeCard. This credit card allows users to make payments with stablecoins in their daily transactions. The two companies stated on Tuesday that DeCard will be launched first in Singapore, where local regulators encourage experimentation with digital payment systems, and will later expand to other major markets. Standard Chartered Bank will provide virtual account services and API interfaces, enabling DCS to instantly identify and verify DeCard users' payments. This technological integration aims to make transactions faster and more transparent.