Stablecoins are beginning to look much less like a crypto buying and selling instrument and extra like monetary infrastructure for individuals who earn, spend, and transfer cash throughout borders. KAST is constructing immediately round that shift.
The agency is nominated for Finest Digital Property Neobank and Finest Digital Property Fintech on the BeInCrypto Institutional 100 Awards 2026.
| Neobank Metric | Final Verified Information |
| Customers | 1M+ |
| Annualized transaction quantity | About $5B |
| Lively footprint | 170+ nations |
| Card acceptance | 150M+ retailers |
| Yield product | KAST Earn with Gauntlet and USD Prime Vault |
The nomination displays KAST’s efforts to construct a shopper and enterprise finance platform round stablecoin rails from the beginning.
The corporate serves customers throughout 170+ nations, integrates a real-time cross-border settlement layer with Fedwire and SWIFT, provides playing cards accepted at 150 million retailers, and helps USD accounts, international payouts, card spending, and yield merchandise from a single app.
In March 2026, KAST raised $80 million in Sequence A funding, co-led by QED Traders and Left Lane Capital, with Peak XV Companions, HSG, and DST World Companions additionally collaborating. The corporate stated it had crossed 1 million customers and reached about $5 billion in annualized transaction quantity.
| Fintech Metric | Final Verified Information |
| Sequence A funding | $80M introduced in March 2026 |
| Core structure | Stablecoin-native monetary app |
| Enterprise product | KAST Enterprise waitlist/dwell entry waves |
| Custody and safety | Fireblocks, BitGo, and enterprise safety companions |
| Product floor | USD accounts, playing cards, payouts, yield, enterprise accounts |
Constructed Round Stablecoins From Day One
KAST’s nomination for Finest Digital Property Neobank facilities on its stablecoin-native account mannequin.
Most neobanks started with conventional banking rails and later added crypto options. KAST began with stablecoins because the working layer. The account steadiness, cross-border motion, card spend, and yield merchandise are all constructed round digital {dollars}.
In a nomination interview with BeInCrypto, Founder and CEO Raagulan Pathy described the distinction.
“The primary technology of neobanks did an important job giving a slick interface, however they nonetheless operated inside the conventional monetary system. Being stablecoin native, we may be in 150-plus nations very early. That’s what we’ve accomplished from day one,” Pathy stated.
That structure offers KAST its international attain. Customers can maintain USD, spend by Visa card merchandise, transfer funds throughout borders, and entry stablecoin-based yield with out counting on a standard checking account of their nation of residence.
KAST additionally emphasizes institutional-grade safety. Its web site says the platform companions with Fireblocks, BitGo, and enterprise safety suppliers for asset safety, whereas monetary companies are offered by licensed and controlled companions.
Turning Stablecoin Rails Into Fintech Infrastructure
The second nomination, Finest Digital Property Fintech, displays KAST’s wider product buildout.
KAST Earn permits customers to place idle USD to work by vault merchandise. Its Gauntlet Alpha Vault deploys funds throughout DeFi methods managed by Gauntlet, whereas the USD Prime Vault makes use of USDKY, a stablecoin backed by short-term US Treasury payments by M0.
KAST says customers can withdraw with out lockups, with returns mirrored within the worth of their vault steadiness.
Pathy framed belief as central to the enterprise mannequin.
“Monetary companies is finally a belief recreation. Customers will use you extra in the event that they belief you. It’s not at all times about being absolutely the most cost-effective; it’s about being the most secure and the perfect,” he stated.
KAST can be transferring into enterprise finance. KAST Enterprise is designed for international groups, founders, companies, and operators who want payouts, payroll, digital playing cards, and cross-border spending in a single platform. The corporate says it’s opening entry in phases and reviewing functions manually.
That expands KAST past a shopper card product. It offers the corporate a path into stablecoin payroll, contractor funds, enterprise spending, and embedded monetary companies.
The BeInCrypto Institutional 100 Awards acknowledge companies constructing the programs that might outline the subsequent part of digital finance. KAST’s nomination displays its function in turning stablecoins right into a usable banking-like expertise for shoppers and a monetary infrastructure layer for international companies.
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