Stablecoin firm KAST hires former SEC advisor for Americas expansion

Stablecoin payments company KAST has appointed Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission (SEC), as its head of corporate and policy communications, The Block reported. During her tenure at the SEC, Allen advised on external and internal communication strategies, served as a spokesperson, and was an advisor to the agency's crypto task force. KAST stated that the appointment is a strategic move to accelerate its expansion into North and Latin American markets. The company raised $80 million in a Series A funding round in March.