Kast launches stablecoin-powered business platform after $80M raise

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Stablecoin payments company Kast has launched KAST Business, a platform combining business accounts, payment cards, cross-border transfers and yield-bearing balances on stablecoin rails. The company raised $80 million in March at a $600 million valuation. The platform offers up to 8% annual yield on idle balances and up to 3% cashback on purchases. Kast claims over 1 million users and aims to onboard between 1,000 and 5,000 active businesses by the end of 2026.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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