Global Inclusion Drives Expansion of Digital Asset Utilisation
The development of tokenised assets is moving beyond mere digital investment instruments towards everyday financial utility. This momentum is marked by the launch of the Fasset Card by Fasset Global, a US-based banking and investment platform focused on global financial inclusion.
The launch, held in Bali, brought together Web3 industry leaders from various countries and serves as a symbol of the expanding use of stablecoins and tokenised assets within the global digital economic ecosystem. “This launch is an important step in driving tokenised assets closer to the daily needs of the community, no longer limited solely to digital asset trading activities,” stated Mohammad Raafi Hossain, Co-Founder and CEO of Fasset Global, on Monday (8/6/2026).
He noted that the Fasset Card is the result of years of developing cross-border digital financial infrastructure. “The Fasset Card is the consumer face of the work we have done across corridors from Morocco to Malaysia and beyond. Years of licensing, banking partnerships, and infrastructure development are behind a single card that can be kept in your pocket,” he said.
According to Raafi, the company’s primary vision is to make stablecoins and tokenised assets a part of the financial lives of the global population. “We want digital assets to be usable by everyone, wherever they are,” he added.
He explained that the Fasset Card is distributed by Fasset and issued by fully licensed third-party payment service providers in the relevant jurisdictions. The card allows users to perform instant stablecoin-based transactions for online payments, physical store transactions, and cross-border transfers without requiring a conventional bank account. Supported by the Visa network, the card can be used at over 150 million merchants worldwide. Users simply need to top up their balance directly from their wallet on the Fasset Global application to transact globally.
In addition to introducing the stablecoin-based payment card, Fasset also announced the official listing of two new tokens on its platform, namely $ZIG and $MOVE. The listing ceremony involved a symbolic bell-ringing by project founders in the presence of investors, developers, and the Web3 community from countries including Singapore, Dubai, India, the USA, and Southeast Asia.
The event was also attended by Abdulla Salem Obaid Salem Aldaheri, who noted that digital financial innovation serves as a new bridge for economic relations between the United Arab Emirates and Indonesia. “We are not only celebrating the launch of a new financial product, but also celebrating innovation, connectivity, and the power of technology in uniting communities, businesses, and various opportunities,” he remarked.
Fasset is currently strengthening its global expansion following its US$51 million Series B funding in 2026, one of the largest fintech fundings globally this year. The funds are being used to accelerate the development of the Fasset Own Network, a full-stack financial infrastructure covering more than 50 international banking corridors. The infrastructure development is also aimed at expanding embedded trade finance solutions for SMEs in emerging markets, including Southeast Asia and the Middle East.
“Through the launch of the Fasset Card in Bali, Indonesia is seen as increasingly strategic in the development of the Web3-based digital economy and the utilisation of tokenised assets in the Southeast Asian region,” he concluded.