Why fasset Is Trending Today?

Fasset, a Dubai-based company, has been granted a banking license in Malaysia, marking a global first. This approval enables Fasset to establish a Shariah-compliant stablecoin bank, which is set to be the first of its kind globally. The license, issued by the Malaysian authorities, allows Fasset to launch an Islamic digital bank powered by stablecoins, potentially opening up new avenues for digital banking in Asia and Africa.