stable coins
By Bruce Buterin
1 / 15
How the 8% Yield Actually Works. That 8% doesn't come from thin air. Kast says the returns get generated through a mix of…
2 / 15
Stephanie Allen and the Regulatory Play. Kast hired Stephanie Allen to head policy communications.
3 / 15
Why This Matters for Cross-Border Payments. Cross-border business payments are still broken for a lot of companies.
4 / 15
Kast just went live with its KAST Business platform. And it's swinging big.
5 / 15
The company launched KAST Business to give companies access to stablecoin-based financial services — business accounts, payment cards, cross-border transfers, yield-bearing…
6 / 15
The yield number is what'll turn heads: up to 8% annual percentage yield on idle balances.
7 / 15
That 8% doesn't come from thin air. Kast says the returns get generated through a mix of short-term US Treasuries and stablecoin yields.
8 / 15
Kast is clear about one thing: it's not a bank. The company works with licensed partner institutions to deliver regulated services.
9 / 15
The $80 million funding round closed in March. Valued the company at roughly $600 million. Funds are earmarked for product development, license acquisitions, and pushing into…
10 / 15
Kast hired Stephanie Allen to head policy communications. She's a former adviser at the US Securities and Exchange Commission.
11 / 15
More context: Strive Soars to 23,156 Bitcoin, Overtakes Bullish in Corporate Rankings with $143M Buy
12 / 15
No further details on specific regulatory filings or license timelines were disclosed. Unclear when or where the first new licenses land.
13 / 15
Kast already has over 1 million users on the consumer side. The business push is separate — and the targets are specific.
14 / 15
Cross-border business payments are still broken for a lot of companies. Traditional wire transfers are slow, expensive, and opaque. Correspondent banking adds fees at every hop.
15 / 15
And the 20-plus currency payout capability matters for companies with supply chains or contractors spread across multiple countries. That's not a niche use case anymore.
The Currency Analytics
Want the full story?