DCS Card Centre has teamed up with Standard Chartered to support DeCard in Singapore, enabling stablecoin payments for everyday transactions.

Standard Chartered will serve as the principal banking partner, providing transaction banking and financial markets services covering top-ups, account management, and fiat and stablecoin settlements, along with treasury, liquidity, and FX hedging support.

The partnership addresses rising demand for regulated digital-asset payment solutions that deliver faster, more transparent, and cost-efficient transactions.

It launches in Singapore with plans to expand to other markets.

Through Standard Chartered’s virtual account and API connectivity, DCS can assign virtual accounts to DeCard users for real-time identification and reconciliation of payments.

The setup enhances visibility, strengthens controls, and streamlines collections.

“This partnership is in line with our continued efforts to offer banking solutions for innovative fintech partners and is central to our strategy of supporting clients in navigating the evolving digital assets space.

Our investments in our platforms, capabilities and solutions allow us to be the trusted banking partner bridging TradFi to DeFi,”

said Dhiraj Bajaj, Global Head of TB FI Sales at Standard Chartered.

“We’re thrilled to partner with Standard Chartered, a globally recognised and trusted financial institution, to power the next chapter of DeCard’s growth.

Their banking expertise and robust infrastructure enable us to bring secure, transparent, and efficient stablecoin payments to the mainstream, setting a new benchmark for how digital assets can be used responsibly in everyday life.”

said Joan Han, Chief Commercial Officer, DCS.

Featured image: Joan Han, CCO, DCS with Dhiraj Bajaj, Global Head of TB FI Sales, Standard Chartered.