Crypto.com Partners With DBS to Expand Payment Services in Singapore
Crypto.com has forged a strategic partnership with DBS Bank, Southeast Asia's largest bank by assets, to enhance fiat payment infrastructure in Singapore. The collaboration enables seamless SGD and USD transactions through VIRTUAL accounts, accelerating settlement times for users.
The integration allows Crypto.com App users to deposit and withdraw both Singapore dollars and U.S. dollars via a unified interface. This development strengthens Singapore's position as a regulated hub for digital asset innovation while demonstrating growing institutional adoption of crypto payment solutions.
DBS Bank's involvement signals deepening institutional interest in blockchain-based financial systems, particularly through its 24/7 tokenized payment infrastructure. The partnership follows Crypto.com's existing banking relationship with Standard Chartered, expanding the exchange's fiat gateway capabilities in Asia.
