CoinDesk · crypto · 2026-08-24

Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push

Fasset, a stablecoin neobank, has secured a significant investment that values the company at $1 billion, with support from SBI in its push for payments expansion. The firm recently raised $68 million, and its revenue has surged six times over as stablecoin payments and settlements have grown.

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