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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.”
SBIR and Fasset also share a vision for an AI-powered financial future, where individuals can automate cross-border transfers, investments, and savings; families can manage finances across multiple countries through conversational interfaces; and businesses can automate payment and treasury operations globally.
The partnership extends beyond remittances into a wider suite of financial products, including stablecoin-enabled debit cards, wallet integrations, cash-to-agent services, and consumer and business solutions that support everyday financial activities from payments and savings to investing.
“Global finance is entering a new era, where money movement will be AI-powered” Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, stated. “AI agents will increasingly become economic participants, helping people move money, manage wealth and access opportunities that have historically been fragmented or unavailable. Together with SBI Remit, we are building the infrastructure layer that will make this possible.”
The move comes as Japan continues to modernize its financial landscape through progressive digital asset regulation and increased institutional interest in stablecoins. As cross-border payments remain constrained by legacy systems and fragmented infrastructure, the partnership seeks to accelerate the transition toward more efficient digital financial networks.
Beyond the initial rollout, SBI Remit and Fasset will collaborate on market expansion, product development, and regulatory engagement.
The alliance is expected to strengthen Fasset’s presence in one of the world’s most important remittance corridors while connecting SBI Remit’s network to regulated digital asset infrastructure across key destination markets.