DeCard by DCS, a Singapore-based next-generation card brand built for stablecoin spending, has entered into a strategic partnership with Coin98, a decentralized wallet, to launch a fusion card for digital assets in Asia Pacific (APAC).

The duo said in a statement on Wednesday that they have launched the Coin98 Fusion Card, a new payments solution designed to make digital assets spendable anywhere Visa is accepted.

This partnership marks one of the first of its kind between a regulated financial institution and a leading DeFi wallet in the region, setting a new standard for how stablecoins can be spent globally.

It is noted that across Southeast Asia, crypto adoption has grown rapidly, but real-world utility continues to lag behind.

While 92 percent of Southeast Asians are aware of cryptocurrencies and 64 percent express interest in using crypto for payments, many still face significant hurdles when trying to turn digital assets into everyday spending power.

Regulatory uncertainty, underdeveloped infrastructure, usability gaps, and trust concerns have created a persistent “last mile” problem: holding crypto is easy but spending it in the real world remains cumbersome.

The Coin98 Fusion Card directly addresses this gap. By combining Coin98’s large and engaged user base with DeCard’s compliant payments infrastructure, the partnership enables frictionless crypto spending at over 150 million merchants worldwide.

The card allows users to seamlessly use their digital assets in daily life.

“Bridging stablecoins into real-world utility has always been at the heart of DeCard’s mission,

“For Web3 to go mainstream, it needs trusted rails, and that’s exactly what we’ve built at DeCard: a secure, compliant, and scalable product that gives innovators like Coin98 the confidence to bring everyday crypto payments to life,” said Joan Han, Chief Operating Officer of DeCard.

Thanh Le, Founder of Coin98, said they chose to partner with DeCard because of their proven track record in compliance, security, and infrastructure.

“DeCard gives us the foundation we need to build confidently, while we focus on creating a product that makes spending digital assets as easy and intuitive as any payment method people already use,” he added.

Standard Chartered partners DCS Card for stablecoin spending