Crypto news alert: Stablecoin-driven digital bank Fasset has raised $51 million to scale its stablecoin banking platform. Based in LA, the company announced that the investors in this Series B round include Japan's SBI Group, Investcorp, and Turkey's asset management firm Arz Portföy. Fasset operates a banking and payments platform covering over 50 corridors across Asia, Africa, and the Middle East, leveraging stablecoins to speed up cross-border money flows and cut costs compared to traditional banking systems. Fasset plans to use these funds to expand into new markets, develop loan and trade finance products for small businesses, and enhance its stablecoin payment and custody infrastructure known as the 'self-owned network.' The company reports that its platform currently processes an annual trading volume exceeding $32 billion, serving over 1,000 SMEs across 125 countries.