Episode Details

Kast, a stablecoin payments firm, has appointed Stephanie Allen, a former top SEC communications boss, to lead their corporate and policy team. This move comes after a successful funding round, securing $80 million and reaching a $600 million valuation. Allens expertise in regulatory affairs will help Kast expand into North America, Latin America, and the Middle East, offering payment cards, dollar accounts, and new savings and remittance features. Despite a dip in transfer volumes, stablecoins remain popular, with Ethereum stablecoin transfers surging. Kast and other stablecoin players are poised for growth in business accounts and cross-border payments.

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