# KAST is building a platform that helps people and businesses move money across borders using stablecoins.

*fintech · news · 2026-03-09 · CoinDesk*

## Key points

- KAST raised $80 million in Series A funding, led by QED Investors and Left Lane Capital.
- KAST's platform has reached over 1 million users and processes $5 billion in annualized volume.
- The company is valued at $600 million following this round, per sources cited by Bloomberg.
- Only about 1% of last year's $35 trillion stablecoin activity was real-world payments, per McKinsey.

**Companies:** KAST
**Countries:** United States, Canada, Mexico, Countries in Latin America, Countries in the Middle East

[Read the full story on CoinDesk](https://www.coindesk.com/business/2026/03/09/kast-raises-usd80-million-at-usd600-million-valuation-to-expand-stablecoin-payments-platform)

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