Standard Chartered and DCS Launch DeCard for Everyday Stablecoin Payments

Highlights:

• Standard Chartered and DCS launch DeCard to enable stablecoin spending in daily life.
• DeCard uses D-Vault to track payments, manage credit, and simplify crypto transactions.
• The card marks banks exploring real-world digital asset payments with secure, regulated solutions.

Standard Chartered has teamed up with DCS Card Centre to launch DeCard, a new card that lets people spend stablecoins for everyday purchases. The program starts in Singapore and will expand to more countries soon. The partnership combines Standard Chartered’s strong banking system with DCS’s payment network. 

DeCard is now powered by one of the world’s most trusted financial institutions.

We’re proud to partner with @StanChart to bring secure, transparent, and efficient stablecoin payments to the mainstream.

More on the partnership 👉 https://t.co/3BIjrXZ76r pic.twitter.com/5eAMDXvVRM

— DeCard (@DCS_DeCard) November 11, 2025

Standard Chartered Supports Safer and Smarter Stablecoin Payments with DeCard

The statement said that Standard Chartered’s online account system and API tools will help DCS check and confirm DeCard users’ payments easily across different payment platforms. Joan Han, the Chief Commercial Officer at DCS, said that Standard Chartered’s strong banking system is helping to make stablecoin payments safer, clearer, and faster for everyday use. She added that this effort is setting a new standard for the responsible use of digital assets in daily life.

Dhiraj Bajaj, Global Head of TB FI Sales at Standard Chartered, said the partnership supports their goal of providing banking solutions to innovative Fintech partners. He added that the bank aims to help clients use digital assets safely and that their investments make them a trusted partner connecting traditional finance with DeFi.

DeCard, powered by DCS Card Centre, is a new payment card that lets people spend stablecoins like regular money. DCS, formerly Diners Club Singapore, has over 50 years of experience in issuing cards and now operates globally. The card comes with a credit limit and uses D-Vault, a digital account that helps users manage spending and repayments in one place. D-Vault also makes it simple to track payments and keep accounts balanced, making stablecoin payments easier for everyday use.

Banks Adopting Digital Asset Payments

This launch ties into a bigger trend. Standard Chartered CEO Bill Winters recently said that one day, all global transactions could happen on blockchains and all money could become digital. Speaking at Hong Kong FinTech Week, he called this a major change for the financial system and encouraged more experimentation with digital assets. DeCard shows how banks are starting to bring these ideas into real-world payments.

In Singapore, DBS and JP Morgan are building a system for tokenized deposits. It links DBS Token Services with Kinexys Digital Payments. The system allows safe, real-time transfers between their blockchains. The goal is to make sharing digital value easy for institutions on both public and private blockchains.

🚨BREAKING: 🇸🇬🇺🇸DBS Bank & J.P. Morgan’s Kinexys are building a new interoperability framework for tokenized deposits.

This will let clients move digital dollars between Ethereum and DBS’s network like SWIFT for crypto money. pic.twitter.com/zlBWerYJzL

— Coin Bureau (@coinbureau) November 11, 2025

At the same time, in South Korea, top banks and tech companies are working together to lead the stablecoin market. KB, Shinhan, Hana, and Woori Financial Groups are partnering with Naver, Kakao, and Samsung Electronics. They are building the technology for stablecoins and making digital payments easy and secure. Furthermore, in the UK, the Bank of England has proposed new rules for sterling-based stablecoins to protect the financial system.