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Standard Chartered Partners with DCS to Power Stablecoin-Linked Credit Card in Singapore
Standard Chartered has partnered with DCS Card Centre (DCS) to become the principal banking partner for DeCard, a new credit card that allows seamless spending of stablecoins in everyday transactions. Under the partnership, the bank will provide transaction banking and financial markets services to support DeCard’s operations in Singapore. This includes managing cardholder top-up processing, account management, and fiat-to-stablecoin settlements, alongside liquidity and FX hedging through Standard Chartered’s financial markets division. The launch marks the first phase of the collaboration, with plans to expand ... (full story)
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