#168: How KAST Became Latam's Stablecoin Neobank with Raagulan Pathy

Raagulan Pathy is CEO of KAST. He joins host Aaron Stanley to discuss his stablecoin neobank that has achieved remarkable traction across emerging markets in a short period.

KAST serves as a bank-like platform for crypto-native users and global remote workers, allowing them to deposit stablecoins and crypto, earn yield, and spend through cards worldwide. Pathy revealed that KAST has reached 500,000 app downloads with exceptional user engagement metrics - 64% weekly active users and 30% daily active users - while growing 20% monthly and processing over $20 million in volume within 14 months.

The platform targets four key customer segments: crypto natives, stablecoin-first users from the Global South, remote workers, and mobile affluent individuals who operate across multiple countries. Latin America represents roughly 30% of KAST's global business, with Brazil being a particularly strong market due to locals seeking global banking alternatives and strong brand affinity for premium crypto products.

You can connect with Raags on Linkedin

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