Standard Chartered Bank partners with DCS to support DeCard stablecoin credit card in Singapore

(Source: Wu Shuo)

Standard Chartered Bank announced that it has cooperated with DCS Card Center, a Singaporean card issuer, to become the main bank partner of its stablecoin credit card product DeCard. Users can directly use stablecoins to pay in daily consumption scenarios, and then the bank will complete settlement and reconciliation. The product will be launched in Singapore first, with subsequent plans to expand to other major markets. Standard Chartered will provide DeCard with virtual account and API connection capabilities to achieve instant identification and reconciliation of transactions, aiming to seamlessly connect stablecoin assets to traditional payment networks. (Coindesk)

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