Coinspeaker
Nov 11, 2025
12 0

Standard Chartered and DCS Launch DeCard for Stablecoin Transactions

Standard Chartered and DCS Card Centre have partnered to launch DeCard, a credit card enabling stablecoin spending in everyday transactions.

  • The initiative starts in Singapore with plans for global expansion.
  • Standard Chartered acts as the principal banking partner, offering transaction banking and financial market services.
  • Services include fiat and stablecoin settlements, treasury management, liquidity oversight, and FX hedging.
  • DeCard facilitates seamless account management and payment reconciliation using Standard Chartered's infrastructure.

Stablecoin Spending Mainstream Integration

  • DeCard aims to simplify crypto spending comparable to using a traditional credit card.
  • Standard Chartered’s virtual account and API capabilities enhance real-time user payment identification and reconciliation.
  • Dhiraj Bajaj highlights the bank's support for fintech innovation bridging traditional banking with Web3.

DCS Evolution: Diners Club to DeCard

  • DeCard is managed by DCS Card Centre, with over 50 years of experience in payments.
  • The platform offers a flexible credit limit and integrates spending and repayment management via D-Vault.

Push for Blockchain-Based Payments

  • Standard Chartered CEO Bill Winters predicts all global transactions will eventually settle on blockchains.
  • Winters emphasizes this as a fundamental restructuring of the financial system, advocating for continued digital asset experimentation.