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Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
Stablecoin neobank Fasset achieved a $1 billion valuation. The company plans to push its payments operations with backing from SBI.
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Adjacent reporting
- Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets
- Mysten Labs’ Abiodun says Sui processed over $1 trillion in stablecoin volume since August as it eyes free, private payments
- S&P 500 payments firm Corpay taps BVNK to add stablecoin wallets for global customers
- Just found out a NASDAQ-listed company staked their entire 108.7M SUI treasury, basically locking it all out of circulation.
- Philippine bank BPI plans stablecoin payments pilot
- Augustus raises $180 million Series B at $1 billion valuation to build the ‘Global Dollar Bank’