Latest FinTech & Blockchain News
KAST Raises $80M Series A for Stablecoin Neobank Expansion
Stablecoin fintech KAST, founded by former Circle executive Raagulan Pathy, secured $80M in Series A funding to expand its global payments and neobank services. The platform now serves over one million users and processes nearly $5bn in annualized transaction volume, with revenue and user numbers growing 15-20% month-on-month
. The company expects to reach a $100m annual revenue run rate by 2026
.
Global Stablecoin Transaction Volume Surges 72% to $33 Trillion
Stablecoin transaction volume rose 72% last year to exceed $33 trillion, surpassing combined on-chain settlement volumes of major global card networks. This growth is increasingly viewed by investors as structural rather than temporary, reflecting the critical role stablecoins play in modern financial infrastructure
.
Aon Tests Stablecoin Payments for Insurance Premiums
Insurance giant Aon completed a proof-of-concept project accepting stablecoin payments for insurance premiums in partnership with Coinbase and Paxos. Transactions were executed across multiple blockchain networks, including USDC on Ethereum and PayPal USD (PYUSD) on Solana, demonstrating operational capability across different stablecoins and networks
.
GENIUS Act Supports Digital Asset Regulatory Framework
Recent U.S. regulatory developments, including the passage of the GENIUS Act in 2025, established a federal framework for stablecoins that supported Aon's stablecoin settlement initiative. This regulatory clarity is driving increased institutional adoption of digital assets in financial operations
.
KAST Expands Workforce with 250+ Hires from Major FinTech Companies
To support rapid expansion, KAST has hired more than 250 employees across engineering, compliance, and operations. Recruits have been drawn from established companies including Stripe, Revolut, Binance, Circle, and Airwallex
.
UK Cash Payments Fall Below 10% of Total Transaction Volume
Cash now represents less than 10% of total payments in the UK, with ATM withdrawals on the LINK network declining significantly since 2018. Despite this shift to digital payments, cash remains important for avoiding processing fees and supporting financially vulnerable customers
.
UK Risks Creating 'Two-Tier Payment Society' Without Cash Infrastructure Investment
Without intervention, the UK could develop a divide where digitally excluded populations struggle to participate in commerce, affecting low-income households, elderly people, and vulnerable groups. The report recommends strengthening cash deposit infrastructure and monitoring retail cash acceptance to preserve payment choice
.
DJT Stock Declines 54% as Trump Media Pivots to Bitcoin Treasury Model
Trump Media & Technology Group (DJT) has transformed from a media company into a Bitcoin treasury operation, with shares trading at $10.27 down 54% over the past year. The company's financial assets grew from $274 million in March 2024 to $3.1 billion by September 2025, primarily through digital asset holdings and treasury operations rather than subscription revenue
.
Banks Challenge CLARITY Act While Crypto Firms Race for OCC Trust Charters
Traditional banks are actively opposing the CLARITY Act in Congress while cryptocurrency firms simultaneously pursue federally-chartered trust charter status. This regulatory battle reflects fundamental questions about who will control emerging digital financial infrastructure
.
CoinDesk and Cointelegraph Lead Crypto News Landscape in 2026
Industry publications like CoinDesk and Cointelegraph continue to dominate crypto and blockchain news coverage, with CoinDesk serving as a leading newsroom for Bitcoin, Ethereum, and digital assets. These publications provide market analysis, technical coverage, and breaking news to beginner through advanced audiences
.