Stablecoins move into everyday business payments

Stablecoins are moving beyond cryptocurrency trading and consumer payments as fintechs look for ways to use the technology as infrastructure for everyday business transactions. KAST is targeting that market with KAST Business, a financial platform launched in September 2026 for companies that receive revenue, hire workers and make payments across national borders.

The platform combines stablecoin and traditional financial rails, allowing businesses to manage accounts, cards, international transfers and contractor payments through a single system. KAST said transactions can settle around the clock in supported markets, with near-real-time settlement available in many cases.

KAST is a fintech, not a bank, with regulated financial services provided through licensed partner institutions.

Put stablecoins behind familiar services

Rather than positioning stablecoins solely as a payment method, KAST said it is using them as underlying infrastructure for financial activities businesses already perform. Companies can receive funds through fiat virtual accounts provided by regulated partners, deposit supported stablecoins and other digital assets and make local-currency payouts. The platform, KAST added, also supports company cards and international transfers.

KAST noted the service is aimed particularly at small, globally distributed companies whose employees, contractors, customers and suppliers may operate in multiple countries. That use case reflects broader interest in stablecoins for business-to-business payments, where their ability to move funds outside conventional banking hours could provide an alternative for some cross-border transactions.

KAST said its platform operates across more than 170 countries, although product availability varies by jurisdiction. Local payouts are available in more than 20 currencies.

Build on stablecoin growth

KAST launched the business platform after raising $80 million earlier this year at a reported $600 million valuation. The company said the funding would support product development, licensing and expansion in North America, Latin America and the Middle East.

The company aims to have between 1,000 and 5,000 active businesses using KAST Business by the end of 2026. This expansion comes as stablecoin providers increasingly seek roles beyond digital-asset trading. The company is betting that businesses conducting commerce across currencies and borders will value stablecoins less as something to buy or accept and more as a faster rail for moving money.

KAST already offers consumers accounts, cards and stablecoin-based money movement. Its business platform extends that model to company spending and cross-border business payments. The company mentioned that KAST Business was developed after existing customers expressed interest in using its stablecoin infrastructure for business activity.

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