#neobanking

++ Tether.io Launches World’s First Gold-Backed Visa Neobanking Card with Fasset ++

++ Tether.io Launches World’s First Gold-Backed Visa Neobanking Card with Fasset ++ Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed Visa neobanking card in collaboration with Fasset, a stablecoin neobanking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world — marking a strategic step towards mainstream use cases for tokenized gold on a global scale. The card will operate on the Visa network, enabling users to spend USD at all merchant stores worldwide that accept Visa cards, while earning up to 6% cashback in XAU₮ on eligible transactions.Supported by a tiered rewards system that scales with spending, this effectively creates a reward layer tied to Tether’s gold-backed assets. Additionally, the card features an automatic round-up function that rounds every transaction to the nearest dollar and auto-invests the spare change in XAU₮, enabling continuous, passive gold accumulation through everyday spending. Fasset has built a platform that brings together multi-currency accounts, fast transfers, instant settlements, a global debit card, and access to interest-free investments across crypto, stocks, funds, commodities, and more. With a presence across Asia and Africa, they are expanding in some of the world’s most dynamic markets, connecting people to tools that make saving, spending, and investing seamless. They also operate as one of the largest digital asset off-ramp providers in their region, ensuring the USD₮-to-fiat conversion layer is highly optimized for speed and reliability. “Historically, gold has been a store of value and not a medium of exchange. This changes that narrative. By collaborating with foundational systems that make digital assets practical and accessible globally, we are extending the utility of our ecosystem: connecting stablecoins and tokenized gold to real-world payment systems, giving users the option to hold gold and spend it when they choose without friction or borders.” – Paolo A., CEO, Tether “For over a thousand years, gold has been the most trusted store of wealth across our markets. We’re bringing it into the digital age. With $32 billion in annualized volume,95% of which is held in real-world assets, and the world’s first gold-backed neobanking card, Fasset is building the infrastructure to make Tether Gold the most widely held digital gold token in emerging markets. This isn’t just a card, it enables the adoption of digital gold at scale through Fasset’s extensive distribution network.” – Mohammad Raafi Hossain, CEO and Co-Founder, Fasset 🔗 Read the full article: https://lnkd.in/dUT6HwDs #TechAfricaNews #Tether #Fasset #Fintech #DigitalAssets #Visa #CryptoPayments #GoldBacked #TokenizedAssets #Blockchain

Key Highlights:

Market Overview: Get insights into the historical and forecast data of the Australia fintech market Market Trends and Drivers: Explore the latest trends and factors influencing market sector, fund size, and funding type. Industry Segment Analysis: Understand Industry Segmentation the market based on deployment mode, technology, application, and end-user. Regional Analysis: Get regional Insights and market dynamics impacting different geographical areas. Competitive Landscape: Read about comprehensive overview of key players, their strategies, and market positioning. Report Edition: 2025-2033

Who Should Watch?

Industry Professionals Investors and Stakeholders Researchers and Analysts Food and Beverage Enthusiasts Business Owners and Entrepreneurs

Report Links: https://www.imarcgroup.com/australia-fintech-market

Follow us on LinkedIn: https://www.linkedin.com/company/imarc-group/

Youtube Link: https://youtu.be/A0F6xE7fWnM

Neo-banks are the future of banking, and SprintOPN is here to help startups launch their digital banks quickly and efficiently.

With SprintOPN’s API suite, neo-banks can offer:

KYC (Know Your Customer) services

Account creation and management

Instant UPI payments

Bill payments (BBPS)

Zil is the best neobanking alternative!

Elevate your fintech business to Corporate-Level efficiency and flexibility with Bankoyo! Embrace the future of banking with our comprehensive ecosystem tailored for Challenger Banks.