KAST Welcomes New Head of Corporate and Policy Communications
KAST, a firm specializing in stablecoin payment solutions, has recently welcomed Stephanie Allen as its new head of corporate and policy communications. Announced on a Thursday, this strategic move aims to bolster the company’s presence in both North and Latin American markets amidst increasing scrutiny from regulatory bodies on the stablecoin sector.
Stephanie Allen’s Background
Prior to joining KAST, Allen held a pivotal role as a senior advisor at the U.S. Securities and Exchange Commission (SEC), where she guided senior leadership on communication strategies and served as a spokesperson for the agency. Notably, she also contributed her expertise to the SEC’s Crypto Task Force, making her well-versed in the complexities of the regulatory environment surrounding digital assets.
Strategic Communications Initiatives
In her new capacity, Allen will spearhead the organization’s communications strategies, which include enhancing KAST’s visibility among policymakers, media entities, and relevant industry groups. Chief Corporate Affairs Officer Brad Jaffe highlighted that Allen’s extensive background in both public and private sectors will be invaluable in navigating the evolving policy landscape affecting stablecoins.
KAST’s Growth and Expansion Plans
Founded in July 2024 by former Circle executive Raagulan Pathy, KAST offers USD-based accounts and tools designed for stablecoin transactions, which are now operational in over 170 countries. The firm has experienced significant growth, recruiting over 200 employees in the last year alone, spanning across engineering, product development, and compliance divisions.
Funding and Market Trends
As KAST moves forward with its ambitious expansion plans, it is leveraging the $80 million raised during its Series A funding round, completed in March. This investment serves as a crucial resource as the demand for stablecoin transactions surges. According to recent findings by Artemis Analytics, transaction volumes for global stablecoins skyrocketed by 72% in 2025, surpassing $33 trillion and eclipsing the annual volume of the largest credit card networks globally.
Conclusion
With the ongoing growth in stablecoin activities, KAST’s strategic hiring and development initiatives could position the company at the forefront of innovation in the evolving landscape of payments.
