Standard Chartered Bank partners with DCS to launch DeCard, a stablecoin-based credit card in Singapore.

Standard Chartered Bank has partnered with DCS Card Centre to become the lead bank partner for its new DeCard credit card, which allows users to make payments using stablecoins in everyday transactions. The two companies said on Tuesday that DeCard will launch first in Singapore, where regulators encourage trials of digital payment systems, before expanding to other major markets. Standard Chartered will provide virtual account services and API interfaces so that DCS can instantly identify and verify DeCard users' payments. This technological integration aims to make transactions faster and more transparent.