Standard Chartered Bank partners with DCS to launch DeCard, a stablecoin-based credit card in Singapore.

PANews reported on November 11th that, according to CoinDesk, Standard Chartered Bank has partnered with DCS Card Centre to become the primary banking partner for its new DeCard credit card. This card allows users to make payments using stablecoins in everyday transactions. The two companies stated on Tuesday that DeCard will first launch in Singapore, where regulators encourage trials of digital payment systems, before expanding to other major markets. Standard Chartered will provide virtual account services and API interfaces so that DCS can instantly identify and verify DeCard users' payments. This technological integration aims to make transactions faster and more transparent.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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