Odaily Planet Daily reports that Standard Chartered Bank has announced a partnership with Singapore-based card issuer DCS Card Centre, becoming its primary banking partner for the DeCard stablecoin credit card product. This card allows users to make direct stablecoin payments for everyday spending, with Standard Chartered handling transaction settlement and reconciliation.

DeCard will reportedly launch first in Singapore, with plans to expand to other major markets in the future. Standard Chartered Bank will provide virtual accounts and API interface services for the product, enabling instant transaction identification and settlement, thereby promoting the integration of stablecoin assets with traditional payment systems. (CoinDesk)