KAST has appointed former SEC senior advisor Stephanie Allen as head of corporate and policy communications.
The stablecoin payments firm said the hire will support its growth in North America and Latin America. KAST announced Allen’s appointment on Thursday. She will lead the company’s corporate and policy communications strategy.
The company said Allen will work on its public profile with policymakers, media, and industry groups. Her role comes as stablecoin firms face closer attention from regulators.
Allen brings SEC communications experience
Allen previously served as a senior advisor at the U.S. Securities and Exchange Commission. She advised agency leadership on internal and external communications.
KAST said Allen also served as an SEC spokesperson and advised the agency’s Crypto Task Force.
Brad Jaffe, KAST’s chief corporate affairs officer, said, “Her knowledge of the policy and regulatory landscape stemming from her leadership position at the SEC and deep U.S. public and private sector experience will help drive KAST’s momentum.”
Additionally, KAST was founded in July 2024 by former Circle executive Raagulan Pathy. The firm offers USD-denominated accounts and stablecoin payment tools.
The company says its services support global payments across 170 countries. It serves both consumers and businesses using stablecoin-based financial products.
KAST said it has hired more than 200 people over the past year. The hires span engineering, product, and compliance roles.
Stablecoin market growth draws attention
KAST raised $80 million in a Series A funding round that closed in March. The company is using that funding to support its expansion plans.
The appointment comes as stablecoin payment activity continues to grow. Artemis Analytics reported that global stablecoin transaction volume rose 72% in 2025 to more than $33 trillion.
That volume passed the combined annual volume of the world’s largest credit card networks, according to Artemis. This growth has pushed stablecoin firms closer to the center of global payments.