Kast has launched KAST Business, a stablecoin-based platform that offers enterprises business accounts, payment cards, cross-border transfers and wealth management services. The product allows companies to open fiat virtual accounts through partnered licensed institutions, receive payments, deposit supported stablecoins and crypto assets, issue virtual cards and make local payments in more than 20 fiat currencies.
The platform offers up to 8% annualized yield on idle funds, sourced from short-term U.S. Treasury bonds and stablecoin yields, along with up to 3% cashback on spending. Kast previously raised $80 million at an approximately $600 million valuation and said it plans to use the funding to expand into North America, Latin America and the Middle East. The company says it has more than 1 million users and is targeting 1,000 to 5,000 active enterprise clients by the end of 2026.
Kast Launches Stablecoin Settlement and Treasury Platform for Businesses
免責事項: Phemexニュースで提供されるコンテンツは、あくまで情報提供を目的としたものであり、第三者の記事から取得した情報の正確性・完全性・信頼性について保証するものではありません。本コンテンツは金融または投資の助言を目的としたものではなく、投資に関する最終判断はご自身での調査と、信頼できる専門家への相談を踏まえて行ってください。
