KAST is a stablecoin payments platform founded in 2023 by Raagulan Pathy (a former Circle executive) and Daniel Bertoli, headquartered in Singapore. The company offers stablecoin accounts and a Visa-network spending card, and in March 2026 it raised an $80 million Series A co-led by QED Investors and Left Lane Capital, with participation from Peak XV, HSG, and DST Global Partners.
The KAST Card is a crypto debit card offered by KAST, available in 150+ countries. It offers 1-6% Points (+ 4% MOVE) cashback across 4 reward tiers, giving users the ability to earn higher rates as they increase their commitment. The annual fee starts at $0-$10,000/yr.
Best suited for reward-focused spenders willing to optimize for cashback. It runs on the Visa network and requires standard identity verification.
| Tier | Rate | Requirement |
|---|---|---|
| Standard | 1% | Free (first 3 months, Season 6) |
| Premium | 4% | $1,000/yr (Illuma branding) |
| Luxe | 6% | $10,000/yr (Gold branding) |
| Solid Gold | 6% | Invite only |
Note: Season 6 live (Apr 1, 2026). KAST Points cut 20-50% from Season 5: Standard 1%, Premium/Illuma 4%, Luxe/Gold 6%, Solid Gold 6% (invite). 4% $MOVE token layer CONTINUES on all tiers (capped ~$2K/mo spend). NEW: USD stablecoin cashback launched May 2026 — Standard 1.5% on up to $2K/mo, Premium 2% on up to $10K/mo + 1% KAST Points uncapped, Private 3% on up to $40K/mo + 2% KAST Points uncapped. Founders tier closed to new enrollments Apr 11, 2026, existing grandfather status TBC. 0% FX promo Apr 1-Jun 30. $KAST TGE still pending (Q4 2026 target). $80M Series A at $600M valuation (Mar 2026, QED/Left Lane). 1M+ users, ~$5B annualized volume. Pengu Card line is separate product via Pudgy Penguins co-brand.
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The KAST Card is a crypto debit card offered by KAST. It is available in 150+ countries and allows users to spend cryptocurrency at merchants worldwide.
The KAST Card offers 1-6% Points (+ 4% MOVE) cashback. There are 4 tiers: Standard (1%), Premium (4%), Luxe (6%), Solid Gold (6%).
The KAST Card has an annual fee of $0-$10,000/yr. Additional fees: Conversion fee: ~1-2%; FX fee: 0% (Apr 1-Jun 30 promo).
The KAST Card is available in 150+ countries. Its availability status is "Global".
The KAST Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the KAST Card supports Apple Pay and Google Pay for contactless payments.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level.