KAST, a financial platform built on stablecoin technology, has appointed Connor Fitzgerald as its U.S. general manager, tapping a payments-industry veteran to drive its expansion in the world
KAST, a financial platform built on stablecoin technology, has appointed Connor Fitzgerald as its U.S. general manager, tapping a payments-industry veteran to drive its expansion in the world's largest financial market.
KAST is a company that lets people and businesses send, receive, and convert money across borders using stablecoins, digital tokens pegged to a currency like the U.S. dollar, rather than traditional banking networks.
Founded in July 2024 by former Circle executive Raagulan Pathy, it offers dollar-denominated accounts and payments across more than 170 countries.
Related: Cantor Fitzgerald doubles down on crypto stock
What Fitzgerald will take on
In the new role, Fitzgerald will lead KAST's U.S. operations, scaling its core platform, launching a business-focused product called KAST Business, building a local team, and bringing new consumer and business offerings to the market.
The company said it has grown to about 250 full-time employees across engineering, product, and compliance, reached more than one million users, and is processing roughly $5 billion in annualized transaction volume.
"We're excited to have Connor as part of our exceptional KAST team to scale in the world's biggest financial market," said Pathy, KAST's founder and CEO, adding that Fitzgerald knows how to drive growth across fintech.
Trending on TheStreet Roundtable:
A résumé built in payments and crypto
Fitzgerald joins from Bridge, now part of Stripe, where he was head of partnerships for cards and helped build its global stablecoin card program from scratch, expanding it to more than 100 markets.
Earlier, he led business development and product strategy at Coinstar and was an early employee at the fintech app Dave, helping scale it through its 2022 public listing.
Fitzgerald said stablecoins require rebuilding finance "from first principles," and that KAST stood out for investing early in hard areas like licensing and compliance, real infrastructure, and greater ownership of the underlying rails.
The hire follows KAST's $80 million Series A round, which the company said is funding expansion across North America, Latin America, and the Middle East.
KAST also noted that global stablecoin volume hit a record $33 trillion in 2025, exceeding Visa and Mastercard combined, citing Bloomberg and Artemis Analytics.