DeCard by DCS (previously Diners Membership Singapore), a next-generation card model constructed for seamless stablecoin spending in the true world, has introduced a strategic partnership with Polygon Labs, a Web3 software program firm creating Polygon Proof-of-Stake community. By this collaboration, DeCard has built-in help for the Polygon community, enabling clients of each DeCard and DeCard Luminaries to deposit USDT and USDC on Polygon immediately into their accounts.
Stablecoins now characterize around $300 billion in circulating supply, however their utility has remained restricted for a lot of holders, facilitating only about $30 billion of transactions daily, lower than 1 p.c of worldwide cash flows. Regardless of their recognition, most individuals nonetheless discover it difficult to use stablecoins for on a regular basis transactions past holding or buying and selling. DeCard was constructed to resolve this hole—making stablecoin spending as simple as utilizing every other fee card.
This collaboration additionally builds on DeCard’s broader technique of integrating with extra main blockchain networks, making certain that customers have the selection, velocity, and affordability they want when managing their stablecoins. With its flagship product, DeCard, and new premium providing, DeCard Luminaries, the model continues to increase the real-world purposes of stablecoins, making them sensible, safe, and accessible for on a regular basis life.
Polygon is a number one stablecoin funds platform, now supporting practically $3 billion in stablecoin market cap. Polygon leads the marketplace for micro and small USDC funds and was the primary stablecoin fee community built-in with Stripe, providing sub-$0.001 transaction charges and settlement instances underneath 5 seconds. With this integration, DeCard customers who maintain stablecoins on the Polygon community can now seamlessly deposit them into their DeCard accounts, enabling quicker, cheaper, and extra environment friendly real-world spending at over 150 million retailers worldwide.
Our mission at DeCard is to make stablecoin spending as intuitive as every other type of fee. We’ve got been steadily increasing help throughout main networks to give our customers extra selection and flexibility, and Polygon provides one other layer of comfort and attain. By specializing in simplicity and reliability, we’re making certain a future the place stablecoin funds are as easy and common as every other type of spending,” stated Joan Han, COO, DeCard.
“Stablecoins are some of the vital improvements in bridging conventional finance with the digital economic system, however their real-world utility has been restricted. Our collaboration with DeCard adjustments that. By enabling seamless USDT and USDC deposits and spending throughout 150 million retailers, we’re making stablecoins really usable in on a regular basis life, whether or not that’s shopping for espresso, reserving journey, or procuring on-line. It is a main step towards realizing Polygon’s imaginative and prescient of creating blockchain expertise invisible to the consumer whereas unlocking real-world monetary freedom for everybody,” stated Marc Boiron, CEO of Polygon Labs.
About DeCard
DeCard is a next-gen card model constructed for seamless stablecoin spending in the true world. Our flagship product, DeCard, makes on a regular basis transactions easy and accessible. DeCard Luminaries builds on this basis — it’s an evolution of DeCard designed for the visionaries of Web3, unlocking unique privileges, elevated experiences, and limitless prospects.
All DeCard merchandise present a credit score restrict with versatile necessities, powered by D-Vault, an unique account with modern digital options. D-Vault helps seamless reconciliation and fee monitoring, permitting spending and repayments to be managed effectively by means of a single system. This seamless integration places customers in full management of their funds.
Powered by DCS and backed by over 50 years of card-issuing heritage, DeCard blends belief with Web3 innovation. Evolving from its roots as Diners Membership Singapore, DCS is now a next-gen world funds supplier, delivering safe, compliant, and modern options.
Be taught extra at https://www.thedecard.com/ and observe us on X.
About Polygon Labs
Polygon Labs is a Web3 software program firm creating Polygon Proof-of-Stake community, the premiere blockchain for funds and RWAs, and Agglayer, a protocol to join any blockchain or app for a unified cross-chain expertise. Polygon PoS is named the low-cost, excessive velocity community, with billions secured in stablecoins, supporting a sturdy funds ecosystem to assist develop Agglayer use instances in a unified web3. Analysis from Polygon Labs has contributed to the event of widely-adopted zero-knowledge expertise, with profitable impartial tasks incubated by means of the Agglayer Breakout Program, resembling Katana, Miden, PrivadoID, ZisK and extra.
Website | Twitter | LinkedIn | Discord | Telegram | Reddit | Instagram | Warpcast
