Here’s KAST! They’re a Singapore-based fintech that lets you spend, receive, or save in crypto easily across borders—specifically, through stablecoins.

• Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. 
• According to KAST, stablecoins have a ton of growth with over $170B in supply, and $8.5T transaction volume in Q2 2024 by over 125M users. 

Now, they’ve just raised a $10M seed!

Investor check. HongShan Capital Group and Peak XV Partners led the round. Several angels and Partners at DST Global and Goodwater Capital also joined in!

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😉 Sign of the times

Stablecoin regulation is maturing. Even more traditional financial networks are starting to accept and integrate them.

Use cases? Holding USD stablecoins as an alternative to volatile currencies, which allow people to buy imports and travel with a card, and allowing remote workers globally to get paid.

• Receive your money easily in stablecoin instead of expensive international transfers that can take weeks (and risk local currency decline!).

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💸 Spend across borders

3, 2, 1. Create an account with them in three minutes. Once you’re done with verification, you can deposit stablecoins and activate your virtual card.

• It’s available to people in over 150 countries. And their cards work on Apple Pay, Google Pay, and over 100M+ merchants globally!
• You can even get a physical KAST card.

Pay your bills, shop online, and more! You’ll easily be able to start spending and receiving money internationally.

• Receive, save, or spend USDT, USDC, and USDe, with more tokens and stablecoins coming soon.
• Especially for people without access to traditional US currency accounts, KAST is an easy way to access USD-denominated accounts to hold stablecoin like USDT (instead of USD).

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🔜  Talking about the future

They’ll be launching savings and other remittance products that won’t require their users to directly touch any fiat (traditional money) directly.