Visa expands partnership with Singapore's DCS DeCard, plans to launch stablecoin payment cards in over 70 global markets.
on November 12, according to Tech in Asia, Singapore-based payment infrastructure platform DCS DeCard announced expanding its partnership with Visa to launch personal and corporate payment cards linked to stablecoins in over 70 markets outside the Asia-Pacific region, covering Europe, the Middle East, Africa, and Latin America.
The partnership will cover DCS DeCard's Cards-as-a-Service business, enabling fintech and digital asset companies to launch their own branded payment cards, while also expanding its enterprise account service, DeCard Business Account.
DCS DeCard stated that it has already launched stablecoin-enabled Visa business cards in eligible international markets through the platform, providing payment services for mid-sized and large enterprises. This expansion is also part of Visa's broader initiative to advance stablecoin payment and settlement infrastructure.