NEXUS Partners with Fasset on Stablecoin Infrastructure
NEXUS Co., Ltd. and Fasset have signed a strategic memorandum of understanding (MOU) to collaborate on stablecoin-based financial infrastructure.
The MOU was made at Korea Blockchain Week, with the goal of exploring various areas of cooperation including payment infrastructure integration and stablecoin settlement.
NEXUS Co., Ltd. is building infrastructure for the distribution, payment, and settlement of games and digital content through ONE store, while Fasset is a digital financial firm headquartered in Dubai that obtained a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority in 2023.
The collaboration will review cooperation across multiple sectors, including payment infrastructure integration, stablecoin settlement, and the development of co-branded digital financial products.