Stablecoin payment company KAST has raised $80 million in funding, valuing the company at $600 million.

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According to ChainCatcher, Bloomberg reports that stablecoin payment company KAST has completed its latest funding round, raising $80 million and valuing the company at $600 million.

According to sources, KAST expects its annual revenue to reach $100 million this year. This funding round further confirms the trend of venture capital firms continuously increasing their investment in the digital dollar account sector, with related startups attracting a large influx of capital.

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