Kast Unveils Stablecoin-Powered Business Platform for Global Companies

Kast has launched KAST Business, a platform that combines stablecoin-powered business accounts, payment cards, cross-border transfers, and yield-bearing balances for companies.

The platform offers up to 8% annual percentage yield and up to 3% cashback on purchases, making idle corporate balances more productive. 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 over 20 currencies.

Kast claims to serve more than 170 countries, although availability depends on jurisdiction, giving the platform an unusually broad intended footprint from launch. The company operates as a financial technology firm, with regulated services delivered through licensed partner institutions.