Normal Chartered Checks Floor For Stablecoin Integration In Singapore: Backs DeCard

One other crypto associated announcement from Normal 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.

Normal Chartered selected Singapore for its stablecoin pilot. On 11 November 2025, the financial institution introduced the partnership with DCS and mentioned that by way of this partnership, it is going to present transaction banking and monetary markets companies to help DeCard’s rising person base in Singapore. Together with, masking fiat and stablecoin settlements. “The Financial institution may even handle the treasury, liquidity, and FX hedging wants of the cardboard by way of its Monetary Markets capabilities,” the press launch mentioned.

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 currently.

Normal 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 fee effectivity within the area. pic.twitter.com/BW01iCyyet
— Giorgi Apkhazava (@Giorgiapkh) November 11, 2025

Commenting on the partnership, Dhiraj Bajaj, World Head of TB FI Gross sales at Normal Chartered mentioned, “This partnership is in step with our continued efforts to supply banking options for modern Fintech companions and is central to our technique of supporting shoppers in navigating the evolving digital belongings area. Our investments in our platforms, capabilities and options enable us to be the trusted banking accomplice bridging TradFi to DeFi.”

Speaking about Normal Chartered financial institution, Joan Han, Chief Industrial Officer at DCS mentioned, “Their banking experience and strong infrastructure allow us to carry safe, clear, and environment friendly stablecoin funds to the mainstream, setting a brand new benchmark for the way digital belongings can be utilized responsibly in on a regular basis life.”

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Normal Chartered CEO Predicts All Transactions On Blockchains, All Cash Will Be Digital

“Just about all transactions will choose blockchains finally, and that every one cash will probably be digital,” mentioned Normal 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 mentioned. “However we don’t know precisely how.”

Notably, Normal Chartered’s spot crypto buying and selling providing turned absolutely realised lately. The financial institution turned the primary G-SIB (Globally Systemically Essential 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 Normal Chartered’s present buying and selling platforms, permitting for the buying and selling of Bitcoin and Ethereum on acquainted International Alternate interfaces. Moreover, shoppers can settle with a custodian of their alternative, together with the financial institution’s in-house custody service choices. Rene Michau, World Head of Digital Property, defined that whereas the providing is at present restricted to Asian and European buying and selling hours, 24/5 entry is into account relying on consumer demand.

NEW: Normal Chartered is betting on Hong Kong’s progressive crypto rules to anchor its world blockchain and digital finance technique, says CEO Invoice Winters.
Normal 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