KAST

KAST lets individuals, freelancers and businesses receive stablecoins and move value out through bank transfers and card products. It is a stablecoin app rather than a direct exchange counterparty.

Role of partners

KAST is not a bank. According to its website, custody and the on- and off-ramp are provided by licensed partners, who execute stablecoin-to-fiat and fiat-to-stablecoin conversions. For a customer this means the regulatory protections and the counterparty depend on the partner handling a specific transaction.

Assets and costs

The listed assets are USDT and USDC. For an external bank transfer the app shows the amount, cost and estimated arrival time before the user confirms, so the price of a withdrawal can be seen in advance.

Compliance

KAST links to a legal page covering its USD reserve account and to its policies, which describe KYC and AML.

Who it suits

The product is relevant to people paid in stablecoins who need a route to bank accounts and cards, and to small companies that want to receive and spend digital dollars. Countries, limits and fee levels are not stated in the description, so confirm them in the app before moving larger sums.