One other crypto associated announcement from Customary Chartered- this time its about stablecoins! The world’s most established financial institution has partnered with DCS Card Centre to launch DeCard. And what’s a DeCard? It’s a bank card that enables customers to spend stablecoins for on a regular basis purchases.
Customary Chartered selected Singapore for its stablecoin pilot. On 11 November 2025, the financial institution introduced the partnership with DCS and stated that via this partnership, it should present transaction banking and monetary markets companies to help DeCard’s rising person base in Singapore. Together with, overlaying fiat and stablecoin settlements. “The Financial institution may also handle the treasury, liquidity, and FX hedging wants of the cardboard via its Monetary Markets capabilities,” the press release said.
The Financial Authority of Singapore (MAS) has been proactively encouraging digital asset innovation – in that, it has issued a number of licenses to crypto service suppliers these days.
Customary Chartered companions with DCS for stablecoin funds in Singapore.
This collaboration goals to combine stablecoins with DeCard for seamless digital and conventional finance operations, enhancing cost effectivity within the area. pic.twitter.com/BW01iCyyet
— Giorgi Apkhazava (@Giorgiapkh) November 11, 2025
Commenting on the partnership, Dhiraj Bajaj, International Head of TB FI Gross sales at Customary Chartered stated, “This partnership is in step with our continued efforts to supply banking options for revolutionary Fintech companions and is central to our technique of supporting shoppers in navigating the evolving digital belongings house. Our investments in our platforms, capabilities and options permit us to be the trusted banking companion bridging TradFi to DeFi.”
Speaking about Customary Chartered financial institution, Joan Han, Chief Business Officer at DCS stated, “Their banking experience and strong infrastructure allow us to deliver safe, clear, and environment friendly stablecoin funds to the mainstream, setting a brand new benchmark for a way digital belongings can be utilized responsibly in on a regular basis life.”
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Customary Chartered CEO Predicts All Transactions On Blockchains, All Cash Will Be Digital
“Just about all transactions will choose blockchains ultimately, and that every one cash might be digital,” stated Customary Chartered CEO Invoice Winters. He predicted a “full rewiring of the monetary system” whereas talking on the Hong Kong FinTech Week. “Take into consideration what which means – an entire rewiring of the monetary system,” he stated. “However we don’t know precisely how.”
Notably, Customary Chartered’s spot crypto buying and selling providing turned absolutely realised not too long ago. The financial institution turned the primary G-SIB (Globally Systemically Necessary Financial institution) to supply its institutional shoppers direct spot buying and selling entry to Bitcoin (BTC) and Ether (ETH) in a regulated method.
The service launched in July 2025 and integrates with Customary Chartered’s current buying and selling platforms, permitting for the buying and selling of Bitcoin and Ethereum on acquainted Overseas Alternate interfaces. Moreover, shoppers can settle with a custodian of their selection, together with the financial institution’s in-house custody service choices. Rene Michau, International Head of Digital Property, defined that whereas the providing is presently restricted to Asian and European buying and selling hours, 24/5 entry is into account relying on shopper demand.
NEW: Customary Chartered is betting on Hong Kong’s progressive crypto laws to anchor its world blockchain and digital finance technique, says CEO Invoice Winters.
Customary Chartered is positioning Hong Kong because the cornerstone of its world #blockchain and digital finance… pic.twitter.com/yJiNwpDAIG
— Crypto Bazari (@CryptoBazari) November 10, 2025
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Key Takeaways
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Launching the pilot in Singapore permits the DeCard mission to function inside one of many world’s most superior regulatory sandboxes.
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DeCard is designed to make spending stablecoins as simple as utilizing a daily bank card.
The publish Standard Chartered Tests Ground For Stablecoin Integration In Singapore: Backs DeCard appeared first on 99Bitcoins.
