Global Financial Platform KAST Joins Stablecoin Standard
LONDON – June 26, 2026
KAST, the global financial platform built on stablecoin rails, today announced that it has formed a strategic partnership with Stablecoin Standard, the industry body for stablecoin issuers globally, ensuring KAST has a seat at the table as debates over financial services policy evolve.
KAST Founder and CEO Raagulan Pathy, commented on the partnership,
“KAST is updating the global financial system where stablecoins and traditional financial rails work seamlessly hand-in-hand. As we continue to grow globally as a company, we are excited to join Stablecoin Standard so we can work together toward stablecoin policies that benefit both consumers and businesses.”
Founded in July 2024 by former Circle executive Pathy, KAST provides USD-denominated accounts, global pay-ins and payouts to more than 170 countries and a growing suite of consumer and business financial tools built on stablecoin rails rather than legacy settlement networks. With KAST, people can hold, send, and spend instantly while transacting with merchants and ATMs around the world. A partnership with Stablecoin Standard will be a connector to the companies and policymakers who matter most in today’s financial services space.
Christian Walker, Chairman and Co-Founder of Stablecoin Standard, commented on KAST partnering with Stablecoin Standard,
“We’re excited to welcome KAST to Stablecoin Standard. Kast is a pioneer in bridging digital and traditional finance. They were one of the first to launch corporate accounts, meaning businesses can now hold and spend their stablecoins directly. This is a game changer which will add a lot of value to members and non-members alike.”
About KAST
Since launch, KAST has scaled to more than one million users and is processing about $5 billion in annualized transaction volume, reflecting the growing adoption of stablecoin-based financial services beyond trading and crypto-native use cases. In March 2026, KAST announced a record $80 million Series A funding round, which is being deployed to expand across North America, Latin America and the Middle East. Given KAST’s spend data that shows its users are often using KAST for business expenses, the company will soon launch KAST Business (which is currently in Beta for invite-only users) for fast-growing companies that earn, hire, and pay across borders or who already operate in the Web3 space.
About Stablecoin Standard
Stablecoin Standard (SCS) is an industry body focused on operational, transparency, and product-related standards for stablecoins and digital money. We convene issuers and industry partners to share international best practices, develop industry-led working groups, and engage with policymakers globally.
Transition note: We’re currently transitioning Stablecoin Standard into the Digital Money Association. During this period, you may see both names used across our content and channels.
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