Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets

CoinDesk Staff

(01:00 PM UTC)

1 min read

The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.

Digital bank Fasset raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech firms are increasingly building financial services on blockchain rails instead of traditional payment networks.

The…

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