KAST, a global financial platform built on stablecoin rails, has expanded its Global Payouts feature to support additional local currencies.
KAST operates as a stablecoin-powered financial platform that bridges digital assets and traditional finance. Through its app, users can send, receive and convert funds across borders, currencies and payment rails. The company focuses on real-world financial needs, combining instant peer-to-peer transfers with compliant access to local bank payouts in supported markets.
The Global Payouts product enables users to convert stablecoin balances directly into local fiat currencies and send them to bank accounts worldwide. With this update, Global Payouts now supports 11 new currencies, extending the feature’s reach to over 200 countries and territories.
Newly added currencies include GBP for the UK, EUR across the SEPA region and CAD in Canada. The expansion also brings broader coverage across the Asia Pacific region, with local payouts now available in IDR (Indonesia), VND (Vietnam), PHP (Philippines), THB (Thailand) and MYR (Malaysia), among others. Additional currencies include NGD for Nigeria and TRY for Turkey.
These new local payout options are designed to support immigrants sending money home, freelancers, traders and digital assets earners who need fast access to their digital earnings. For example, a remote worker based in Indonesia can receive stablecoin payments into their KAST account and convert them directly into IDR to cover everyday expenses.
To encourage adoption of the expanded feature set, KAST is waiving fees on SWIFT payouts over $5,000 for a limited period, allowing customers to trial international transfers without additional costs.
KAST Founder & CEO Raagulan Pathy said, “The expansion of Global Payouts to even more countries and currencies reflects how quickly we are scaling stablecoin-powered global money movement.
“We are building financial products for people who are relentless in their pursuit of growth and we’re matching that energy with how quickly we are building. KAST users can now easily convert digital earnings into local currencies, whether they are spending on a short-term let in Bali or paying for dinner anywhere in Europe. All within one app and without friction.”
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