Kast launches stablecoin-powered business platform after $80M raise

Kast has launched a business platform powered by stablecoins following an $80 million fundraising round, according to Cointelegraph. The company is targeting businesses with the new platform and plans to build an active user base during 2026. Kast aims to onboard between 1,000 and 5,000 active businesses by the end of the year. The launch places stablecoin-based business services at the center of Kast’s expansion plans, while the fundraising provides the backdrop for the new platform’s rollout. No further details on the platform’s features, supported assets or geographical availability were provided in the supplied information. The development is relevant to the broader stablecoin market as companies continue to create business-focused platforms around digital-dollar infrastructure. Kast’s target range gives the market a stated measure of its planned adoption, although the company’s outcome will depend on whether it reaches the lower or upper end of that goal by year-end.