Kast Unveils Business Suite With Accounts, Cards And Stablecoin-Powered Transfers

TL;DR

• Kast launched KAST Business with stablecoin-powered accounts, virtual cards, cross-border transfers, local payouts in more than 20 currencies and yield-bearing balances.
• The platform offers up to 8% annual percentage yield and up to 3% cashback, while regulated financial services are provided through licensed partners.
• After raising $80 million at a reported $600 million valuation, Kast aims to onboard between 1,000 and 5,000 active businesses by the end of 2026 overall.

Kast has launched KAST Business, a stablecoin-powered platform combining business accounts, payment cards, cross-border transfers and yield-bearing balances for companies. Businesses can receive funds through fiat virtual accounts supplied by regulated partners, deposit supported stablecoins and crypto, issue virtual cards and make local payouts in more than 20 currencies. The central proposition is to package stablecoin infrastructure into a familiar business-finance experience rather than expose companies to fragmented crypto tools. Kast says it serves more than 170 countries, although availability depends on jurisdiction, giving the platform an unusually broad intended footprint from launch.

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