KAST, the financial technology platform powered by stablecoins, launched KAST Reserve giving people a way to earn up to 12% in rewards on USD balances. The latest rewards product from KAST represents an evolution in the stablecoin-powered platform, allowing KAST members to build balances and store them while spending with ease around the world.

With stablecoin supply reaching over $260 billion, stablecoins are increasingly useful and accessible instruments for people accustomed to more traditional financial products. KAST USD Reserve gives people an easy way to earn the high rewards on their USD without locking their money away or losing access to it. It’s always spendable, even while it earns rewards. KAST Reserve is designed to be a stable, reduced-risk way for users to earn rewards on USD balances and complements the existing USD Prime Vault and Gauntlet Alpha Vault for more DeFi native users.

KAST funds these rewards to members directly as a subsidy and customer incentive, from its own revenues and corporate balance sheet. Customer funds are held conservatively in stablecoins and treasury equivalents. Therefore, funds in KAST Reserve are protected and not exposed to DeFi or wider market risk, giving users the peace of mind to earn special rewards on USD balance while having the freedom to spend when they want to.

Balances in KAST Reserve earn rewards while staying spendable. Users can earn between 6 and 12% rewards in USD Reserve depending on membership tier, with KAST’s private members earning 12% on balances up to $200,000. Users who move early will also benefit most. The initial reward program is capped at $100 million with users moving to a lower rate between 4 and 8% from January 2027.