[Kast Launches Stablecoin Business Platform After Securing $80 Million Funding] Odaily Planet Daily News – Stablecoin payment company Kast has launched the KAST Business platform, integrating features such as corporate accounts, payment cards, cross-border transfers, and stablecoin yield balances. The platform provides services through stablecoin infrastructure. Kast stated that businesses can receive payments via fiat virtual accounts provided by regulated partners, deposit supported stablecoins and crypto assets, issue virtual cards, and make local payments in over 20 currencies. The platform's services cover more than 170 countries and regions, though specific availability varies by jurisdiction. Idle balances offer an annualized yield of up to 8%, with additional cashback of up to 3% on spending. Kast is a fintech company, not a bank, with regulated services provided by licensed partner institutions. Kast completed an $80 million funding round in March at a $600 million valuation, with the funds allocated for product development, licensing, and expansion into North America, Latin America, and the Middle East markets. The company claims to have over 1 million users currently and plans to attract 1,000 to 5,000 active businesses by the end of 2026. (Cointelegraph)