Fasset Expands Services with Crypto Debit Card and Layer-2 Platform

[etfs]

Alongside its new Malaysian license, Fasset plans to roll out a crypto debit card for everyday spending and launch Own, an Ethereum Layer 2 on Arbitrum for settling real-world assets.

The company already holds licenses in the UAE, Indonesia, Turkey, and the EU and serves 500,000 users across 125 countries.

Fasset aims to replicate the success of NuBank in Latin America, bringing Shariah-compliant digital banking, crypto, and investment services to a global audience.

[EmTeam]

Fasset’s debit card launch is a big deal. Spending crypto directly without conversion makes adoption way easier for everyday users.

[jacson4]

Layer-2 integration means faster, cheaper transactions. This could make Fasset a strong contender among crypto payment platforms.