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. Fasset raised $51 million to expand its stablecoin-powered banking platform, with backing from Japan's SBI Group, Investcorp and Turkey’s Arz Portföy. The Los Angeles-based startup uses stablecoins to move money across more than 50 payment corridors in Asia, Africa and the Middle East, processing over $32 billion in annualized vo…
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