Fasset, the stablecoin-powered banking startup, just landed $68M in funding—boosting its valuation to $1B and led by Japan’s SBI Group. Revenue has surged sixfold in a year, proving stablecoins are becoming mainstream for real-world payments. With SBI’s global network, Fasset plans to expand cross-border routes across Asia and emerging markets, tackling slow, expensive international transfers. Their AI-driven platform handles billions in transactions across 125 countries, quietly powering faster, cheaper settlements behind the scenes. This partnership blends Fasset’s tech with SBI’s regulatory muscle, fueling a fintech revolution built on blockchain.
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