Japan’s SBI Remit, Fasset partner to build stablecoin remittance network

SBI Remit has partnered with digital asset platform Fasset to develop stablecoin-based infrastructure for cross-border payments and other financial services. According to a press release shared with crypto.news, the initiative will combine SBI Remit’s international remittance network with Fasset’s blockchain-powered…

The launch could revolutionize financial inclusion in emerging markets, leveraging gold's cultural value and enhancing digital asset utility. The post Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT appeared first on Crypto Briefing.

Tether and Fasset have launched what they describe as the world’s first gold-backed neobanking Visa card, giving users a way to spend fiat at merchants worldwide while accumulating tokenized gold through cashback and automatic round-ups. Gold Becomes Spendable According to Tether’s announcement, the card runs on the Visa network, accepted wherever Visa is used globally. […]

Tether and Fasset have launched a Visa card that lets users spend tokenized gold through everyday purchases while earning rewards in Tether Gold. According to the announcement, the card runs on Visa’s global payments network and can be used at…

The partnership enhances financial stability and accessibility, promoting tokenized gold as a viable alternative in volatile economies. The post Tether partners with Fasset to let users spend and earn tokenized gold via Visa network appeared first on Crypto Briefing.

Fasset, a stablecoin neobank serving 125 countries, has raised $51 million backed by Japan’s SBI Group and Investcorp. Fasset, a Los Angeles-based digital banking platform, uses stablecoin rails to move money across borders for small and medium-sized businesses, bypassing correspondent…