Kast hires former SEC official Stephanie Allen to lead policy communications

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KAST stablecoin payment firm, homepage. Source: Kast.xyz Kast offers payment cards and US dollar-denominated accounts to users in over 150 countries, with plans to launch savings and remittance products under its neobank interface. Related: Fireblocks launches tool for institutions to earn yield on stablecoins Stablecoin transfer volume dropped 19% to $8.31 trillion over the past month, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same period, Cointelegraph reported Tuesday, citing data from RWA.xyz. The data suggests that the growing value held in dollar-denominated stablecoins does not translate to growing onchain activity, as fewer dollars are being moved across blockchains despite the growing stablecoin supply. 30-day stablecoin net flows as of April 28, 2026. Source: RWA.xyz Still, asset manager Fidelity’s Q2 Signals Report showed that Ethereum’s stablecoin transfer values had recently exceeded historical averages, with transfer value over the past 12 months surpassing $18 trillion. Fidelity said that the network activity signals that stablecoins are increasingly being used for payments, settlement and onchain access to US dollars, despite the broader crypto market sentiment. Stablecoin transfer volume reached a record $1.8 trillion in February, according to data provider Allium. Magazine: Will the CLARITY Act be good — or bad — for DeFi?

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