From Onchain Liquidity to Real-World Utility What Infrastructure is Still Missing – DCS-edited

DCS Group’s Executive Chairman Jia Hang will deliver a keynote at the Global Onchain Summit Singapore 2026, where DCS Group is a partner. He will speak on 6 October 2026, from 2:30 to 2:45 PM SGT, at Pullman Singapore Hill Street, Singapore.

His keynote will explore one of the key questions facing the next phase of onchain finance: how do we turn growing onchain liquidity into something people and businesses can actually use in the real world?

The Question at the Centre

Onchain finance has come a long way in a relatively short time. Stablecoins are being used more widely, tokenised assets are attracting greater attention, and more financial activity is moving onchain.

But having liquidity onchain is one thing. Making it easy to use in everyday transactions is another.

For consumers and businesses to use onchain value more broadly, it needs to work across the payment environments where commerce already takes place. This is the gap Jia Hang will examine in his keynote: the infrastructure between having value onchain and being able to use it easily in the real world.

Drawing on DCS Group’s experience across traditional and emerging payment infrastructure, Jia Hang will explore what it takes to move beyond onchain liquidity towards practical, scalable payment use cases, addressing   key roadblocks such as merchant acceptance, stablecoin-to-fiat settlement, regulated trust, and interoperability.

Why DCS Group is Part of This Conversation

DCS Group traces its roots to 1973, when it launched Singapore’s first Diners Club card programme. Over the past five decades, it has evolved into a diversified payments group with capabilities spanning card issuing, merchant acquiring, stablecoin payments and payment orchestration. Today, its infrastructure supports businesses looking to introduce stablecoin payment capabilities, covering use cases ranging from merchant transactions to card and QR payment programmes.

This experience gives DCS Group a view of the challenge from both sides: understanding the established payment infrastructure that enables money to be used at scale, while building new capabilities that connect stablecoins with real-world payment use cases.

For businesses, participating in this shift should not require building an entirely new payment stack from scratch. DCS Group offers solutions that help partners launch, scale and grow their payment offerings. A key part of its approach is bringing together different payment capabilities through DCS DeCard, DCSPay and Paydify.

DCS DeCard is the Group’s Cards-as-a-Service (CaaS) and payments infrastructure platform, supporting partners in launching stablecoin-powered card and QR payment programmes.

DCSPay focuses on stablecoin payment acceptance, enabling businesses to accept stablecoin payments with fiat settlement through its network of partners.

Paydify is the payments technology layer that facilitates seamless stablecoin transactions directly between users and merchants.

These businesses address different aspects of stablecoin payments, from helping merchants accept them to enabling partners to launch their own stablecoin-powered payment products, without requiring every company that wants to offer stablecoin payment capabilities to build the entire payment stack themselves. 

DCS Group’s Recent Momentum

DCS Group has also been expanding its stablecoin payment capabilities through partnerships in different markets and ecosystems.

DCSPay recently partnered with Kotani Pay to expand stablecoin payment connectivity across Africa. It has also signed an MOU with Nexus, developer of the CROSS blockchain ecosystem, to integrate CROSS ecosystem assets into DCSPay’s payment infrastructure, enabling broader payment acceptance and stablecoin settlement across the growing CROSS ecosystem.

Both partnerships reflect the same challenge Jia Hang will address in his keynote: making it easier for stablecoins to move beyond the blockchain and into actual payment use cases.

About Jia Hang

Jia Hang is Executive Chairman of DCS Group, where he leads the Group’s overall strategy across its payments businesses.

Before joining DCS Group, Jia Hang was Global Head of Payment and Financial Services at Alibaba International. Prior to that, he led the global expansion of Alipay+ at Ant Group, and spearheaded the launch of UnionPay USA during his time at China UnionPay and UnionPay International.