Episode Details

In this episode of Crypto in America, Eleanor Terrett, Jacquelyn Melinek and Gerald Gallagher sit down with Raagulan “Raags” Pathy, founder and CEO of Kast and former Circle APAC executive, to explore how stablecoins are transforming global banking, cross-border payments, and access to U.S. financial markets.

Raags explains why stablecoins continued growing during crypto's bear market, how Kast is building financial services for globally connected businesses, and why dollar-backed stablecoins could strengthen America's financial dominance. They also discuss the GENIUS Act, stablecoin rewards, tokenization, Bitcoin's unexpected bull case, and the economic risks that could shape the next phase of crypto adoption

Timestamps 

01:27 Why America Matters for Crypto

02:16 Why Raags Founded Kast

04:01 Stablecoins and the Global Dollar

05:50 Tokenization and U.S. Capital Markets

07:44 Kast's Expansion Into America

09:30 From Crypto Cards to Global Banking

11:03 Banking for Freelancers and Businesses

13:25 The Challenge of Cross-Border Payments

16:01 The GENIUS Act and Global Regulation

18:05 Interest Rates and Economic Risks

21:26 Bitcoin's Unexpected Bull Case

22:50 Crypto Adoption Beyond Price

23:16 Stablecoin Rewards and the Clarity Act

26:54 America's Global Financial Advantage

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Please note that this podcast is for informational purposes only and any views shared by anyone on the show are opinions, not financial advice. The host or guests may have a direct or indirect financial interest in content mentioned in this episode.

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