KAST: 1M Users on a Stablecoin Neobank
Episode description
On Ep. 5 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Raagulan Pathy, Founder & CEO @ KAST to discuss the thesis of building fintech on top of stablecoin rails, building USDK for onchain transparency, trust and more!
Timestamps:
- 00:00 Introduction
- 7:35 Thesis of building fintech on top of stablecoin rails
- 9:53 Challenges of scrappy startup fundraising and low salaries
- 11:39 Early traction through Solana card partnership and trust
- 13:09 Building USDK for onchain transparency and trust
- 18:43 Plans for licenses acquisitions and raising more capital
- 22:47 Growth strategy using referrals cashback and better design
- 27:14 Stablecoins will become 30-50% of payments in 20 years
Tokenized is sponsored by Visa
A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.
Tokenized is also presented by Fireblocks
With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com
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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!
Music by Henry McLean