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’s going to present transaction banking and monetary markets providers to help DeCard’s rising consumer base in Singapore. Together with, masking 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 launch stated.
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 recently.
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 keeping with our continued efforts to supply banking options for revolutionary Fintech companions and is central to our technique of supporting purchasers in navigating the evolving digital property area. Our investments in our platforms, capabilities and options permit us to be the trusted banking associate 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 property 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 will probably 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 meaning – a whole 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 Vital Financial institution) to supply its institutional purchasers 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 present buying and selling platforms, permitting for the buying and selling of Bitcoin and Ethereum on acquainted Overseas Trade interfaces. Moreover, purchasers can settle with a custodian of their alternative, together with the financial institution’s in-house custody service choices. Rene Michau, International Head of Digital Property, defined that whereas the providing is at the moment restricted to Asian and European buying and selling hours, 24/5 entry is into consideration relying on consumer demand.
NEW: Customary Chartered is betting on Hong Kong’s progressive crypto laws to anchor its international blockchain and digital finance technique, says CEO Invoice Winters.
Customary Chartered is positioning Hong Kong because the cornerstone of its international #blockchain and digital finance… pic.twitter.com/yJiNwpDAIG
— Crypto Bazari (@CryptoBazari) November 10, 2025
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Key Takeaways
Launching the pilot in Singapore permits the DeCard challenge to function inside one of many world’s most superior regulatory sandboxes.
DeCard is designed to make spending stablecoins as simple as utilizing an everyday bank card.
The submit Customary Chartered Assessments Floor For Stablecoin Integration In Singapore: Backs DeCard appeared first on 99Bitcoins.
