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Breaking: Ripple Ally SBI Holdings Invests In UAE Stablecoin Payments Firm At $1B Valuation

source-logo  coingape.com 24 August 2026 10:12, UTC
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Ripple affiliate SBI Holdings has made an additional investment in Fasset, which is a stablecoin payments firm based in the UAE. The latest injection comes after the previous strategic investment in the company in May 2026. Further, this deal values Fasset at $1 billion based on the share acquisition price.

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