Why Stablecoins Could Replace SWIFT: KAST CEO Raagulan Pathy Explains

In this episode of Voice of CoinGape, KAST founder and CEO Raagulan Pathy joins us to discuss why stablecoins are rapidly evolving from a crypto-native asset into the backbone of modern financial infrastructure.

Drawing from his experience leading Circle’s Asia business, Pathy explains why he left one of crypto’s biggest companies to build KAST, a stablecoin-powered neo-bank. KAST is designed for a world where money moves across borders as seamlessly as information.

The conversation explores why traditional banking rails are struggling to keep pace with today’s global workforce and internet economy. It also touches upon how stablecoins are creating a faster, more efficient alternative.

Pathy further shares why adoption is no longer limited to emerging markets, revealing where demand is accelerating and why even developed economies are embracing stablecoin payments.

Beyond payments, the discussion dives into regulation, compliance, licensing, and the growing race to build the world’s leading stablecoin-first financial platform. Pathy also offers his perspective on the future of crypto banking, institutional adoption, and what it will take for digital assets to reach the next billion users.

If you’ve been wondering why Wall Street, fintech giants, and regulators are suddenly paying so much attention to stablecoins, this episode breaks down the trends shaping the next generation of global finance. And ofcourse without the jargon.