SBI Remit (SBIR), Japan’s leading international money transfer provider under SBI Group, has partnered with Fasset, the global stablecoin-powered neobank and investment platform, to build the next-generation infrastructure for global payments and money movement.
The partnership combines SBIR’s proven remittance infrastructure with Fasset’s growing digital ecosystem, which processes US$32 billion in annualized transaction volume and serves more than two million wallets worldwide.
The collaboration will focus on the integration of SBI Remit’s distribution reach with Fasset’s Own Network, a proprietary infrastructure layer spanning over 50 banking corridors and 16 blockchain networks across Asia, the Middle East, Africa, and other emerging markets.
The companies will deliver stablecoin-powered payment rails designed to improve settlement speed, reduce transaction costs, and increase transparency for remittances, business payments, and treasury operations.
“As demand for faster and more efficient cross-border financial services continues to grow, we see significant potential in stablecoin-powered infrastructure to enhance how money moves internationally,” Nobuo Ando, Representative Director and Chairman of SBI Remit said. “Together, we are creating a foundation for payment, settlement, and financial services that can better serve customers across untapped borders and markets.”
