Standard Chartered Joins DCS to Launch Stablecoin Credit Card

Standard Chartered has partnered with DCS Card Centre to bring DeCard, a credit card that allows stablecoin spending, closer to everyday use. 

This partnership brings together traditional banking know-how and new digital payment technology. Its goal is to make stablecoins as easy to use as regular money for daily spending.

DeCard Brings Easy Stablecoin Payments to Singapore

DeCard, powered by DCS, lets users spend stablecoins like regular credit cards. Users can check balances and make repayments through the D-Vault system, making stablecoins easy to use like normal money.

The partnership will first focus on Singapore. There, Standard Chartered will provide a full range of transaction banking and financial services for DeCard. These services include adding money to cards, managing accounts, and handling payments in both regular money and stablecoins. 

Standard Chartered’s virtual accounts and API connections help DCS track and manage cardholder payments easily across different channels. This setup ensures transactions are accurate and transparent, giving users confidence to use stablecoins every day. 

In a recent statement, Joan Han, Chief Commercial Officer at DCS commented on the collaboration with the financial institution. He said the partnership is important because it brings secure, clear, and efficient stablecoin payments to the mainstream. 

DCS, formerly Diners Club Singapore, has over 50 years of experience in issuing cards.The company has now evolved into a global payments provider focused on Web3 innovation.

U.S. and Singapore Set Clear Rules for Stablecoin’s

In the U.S., the GENIUS Act sets the first federal rules for payment stablecoins. It requires issuers to back each coin with real dollars or other liquid assets and gives regulators the power to oversee them.

In Singapore, the Monetary Authority of Singapore (MAS) calls stablecoins “digital payment tokens.” In August 2023, MAS introduced rules for single-currency stablecoins pegged to major currencies like the U.S. dollar, euro, or Singapore dollar. 

Ho Hern Shin, the bank’s deputy managing director, said the structure aims to promote stablecoins as a trusted way to pay and connect fiat with digital assets.

Stablecoins Gain Ground in Real-World Payments

Singapore’s clear frameworks for stablecoins has encouraged several players to explore similar innovations. In September 2025, OKX launched OKX Pay, letting people use USDC or USDT stablecoins to pay at stores that accept GrabPay.

Firms like Mastercard and Visa have also introduced stablecoin-linked cards, letting users spend digital currencies at regular merchants. At the same time, banks such as JPMorgan are creating ways for cardholders to connect crypto and traditional payments. 

The Standard Chartered–DCS collaboration fits into this wider wave, helping make digital currencies practical and accessible for everyday use. This move shows growing adoption of crypto in real-world payments.