KAST has launched the V3 of its platform, a significant move toward its goal of becoming a full-fledged global neobank. The update includes the immediate availability of USD bank accounts for most users. This development is part of a broader plan to integrate traditional and decentralized finance.

The company has now launched V3 of its platform, marking a key step toward becoming a comprehensive global neobank that seamlessly integrates traditional and decentralized finance. This update introduces immediate access to USD bank accounts for most users, available in over 160 countries, along with cards accepted at more than 150 million merchants and ATMs worldwide. Users can deposit cash, USDC, Tether (USDT), and other cryptocurrencies directly into these accounts. The revamped app unifies account management, instant money transfers, and card controls in a secure environment.

Looking ahead, KAST plans to roll out savings accounts featuring competitive yields from both U.S. Treasury instruments and DeFi protocols, multi-currency support starting with the Euro (EUR) and British Pound (GBP), and features allowing users to hold cryptocurrencies while borrowing against them. The company is also expanding into stablecoin-powered business banking, including the launch of its own stablecoins like USDK built on the M0 protocol, to enhance services such as remittances and SME banking for global payroll. This phased approach highlights KAST's strategy to bridge fiat and crypto ecosystems, making financial services more accessible and efficient.

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