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Standard Chartered Backs DeCard Stablecoin Credit Card in Singapore Pilot

The Singapore pilot uses bank-managed virtual accounts with API reconciliation to settle stablecoin spending in fiat.

Overview

  • Standard Chartered will serve as DeCard’s principal banking partner, providing transaction banking, fiat and stablecoin settlement rails, virtual accounts, treasury support, liquidity management, and FX hedging.
  • The rollout begins in November in Singapore, with a broader launch planned for the first half of 2026 and expansion to other major markets thereafter.
  • DeCard is reported to integrate with the Polygon blockchain and to support USDC and USDT, using a D-Vault system for balance tracking, repayments, and crypto-to-fiat settlement.
  • The card aims to let users pay at everyday merchants while shielding them from price volatility by settling merchants in local currency.
  • DeCard is powered by DCS Card Centre, which evolved from Diners Club Singapore and brings over 50 years of card-issuing experience.