Standard Chartered to support launch of stablecoin payment card in Singapore

Standard Chartered is collaborating with Singapore-based card issuer DCS to support the launch of DeCard, a credit card for stablecoin payments, CoinDesk reported. Standard Chartered will serve as DeCard's primary banking partner, providing virtual account services and API integration. The card is designed to enable users to spend stablecoins like a conventional credit card and is scheduled for a pilot run in Singapore before a planned global expansion.