KAST, a financial technology platform based on stablecoins, has secured a $10 million seed funding round led by HSG and Peak XV Partners. The platform aims to provide a neobank-style experience by offering payment cards, USD-denominated accounts, and various remittance products to users in over 150 countries. With stablecoin regulation maturing, KAST enables faster, cheaper, and more secure money transfers globally. The company's innovative approach has garnered significant interest, reflecting the growing demand for stablecoin solutions. By leveraging stablecoins, KAST aims to address the limitations of traditional banking systems and provide a seamless financial experience to users worldwide. With stablecoins gaining traction and projected to reach over 1 billion users by 2030, KAST's unique offerings have the potential to transform the way people manage their finances. Read more AI-generated news on: https://app.chaingpt.org/news