# Fasset > Stablecoin powered Islamic Bank Fasset is a stablecoin-powered digital bank that lets users save, invest, and spend across crypto, stocks, and commodities through a single interest-free account. Fasset is a digital banking platform designed for users seeking interest-free access to global financial services. Users can open a USD account, invest in digital assets, stocks, and commodities, send cross-border payments, and spend with a global Visa debit card. All products are Shariah-certified and powered by the Own Network, an underlying blockchain infrastructure layer. - Type: Company - Sector: Finance - Status: Active - Founded: 2019-01-01 - Profile: https://thegrid.id/profiles/fasset ## Products - [Fasset App](https://thegrid.id/profiles/fasset): Fasset App is a neobank application providing interest-free banking, investing, and payments through stablecoin-powered infrastructure. Users access multi-currency accounts, global transfers, crypto and tokenized asset trading, and a Visa prepaid card from a single account. Settlements run on a proprietary Layer 2 network for cross-border transaction finality, and investment products carry Shariah compliance certifications. (Neobank, Live, Main Product) - [Fasset Card](https://thegrid.id/profiles/fasset): Fasset Card is a prepaid Visa card enabling holders to spend cryptocurrency balances at merchants accepting Visa globally. Users top up the card with USDT from their Fasset wallet and make payments in-store or online, including through Apple Pay and Google Pay. Purchases earn OWN Points cashback at rates that vary across multiple card tiers. (Card, Live) - [Fasset Engine API](https://thegrid.id/profiles/fasset): Fasset Engine API is a B2B financial infrastructure platform providing modular APIs for banking, crypto trading, and real-world asset tokenization. Businesses use the suite to issue multi-currency accounts, enable cross-border payments, and offer tokenized asset experiences under a regulated framework. The platform targets fintechs, brokerages, and financial institutions building their own digital finance products. (Payments Infrastructure & Orchestration, Live) - [Fasset OTC Desk](https://thegrid.id/profiles/fasset): Fasset OTC Desk is an over-the-counter trading service for institutional and high-volume cryptocurrency transactions, with a minimum trade size of $25,000 and bilateral settlement within one hour. A dedicated relationship manager guides each trade from quote confirmation to settlement, and completed KYC is required before execution. The service operates under regulatory licences across multiple jurisdictions. (OTC, Live) - [Fasset Business](https://thegrid.id/profiles/fasset): Fasset Business is a business banking platform providing multi-currency accounts, stablecoin payment rails, and corporate treasury management for cross-border operations. Companies can issue physical and virtual cards, set team spending controls, and execute global fiat and crypto transfers from a unified interface. The platform is designed for businesses operating across multiple currencies and requiring integrated fiat and digital asset financial tools. (Neobank, In Development) ## Links - [Main](https://www.fasset.com) - [Blog](https://www.fasset.com/blog) - [Terms of Service](https://www.fasset.com/terms-and-conditions) - [Privacy policy](https://www.fasset.com/docs/fasset-fze-privacy-policy) - [Documentation](https://www.fasset.com/docs) - [Twitter / X](https://x.com/fasset) - [Telegram](https://t.me/+ueWNcILsY_VjZmI9) - [YouTube](https://www.youtube.com/@fassetofficial) - [Instagram](https://www.instagram.com/fasset_official) - [LinkedIn](https://www.linkedin.com/company/fassethq) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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