Overview
- Standard Chartered will serve as principal banking partner to DCS Card Centre for DeCard, a stablecoin-based credit card starting in Singapore.
- DeCard enables cardholders to pay at merchants like a regular credit card while shielding users from crypto volatility as merchants receive fiat.
- The bank provides virtual accounts, API connectivity, fiat and stablecoin settlement rails, treasury management, liquidity oversight and FX hedging.
- The card runs on DCS’s proprietary D‑Vault system, which tracks balances, facilitates repayments and reconciles crypto‑to‑fiat flows in near real time.
- The pilot launches this month in Singapore under a favorable MAS stablecoin framework, with wider rollout targeted after testing and reports pointing to a broader launch in the first half of 2026; specific coin support is still being finalized, with some outlets citing USDC and USDT.