Ex SEC advisor joins KAST as stablecoin policy race heats up
KAST has appointed former SEC senior advisor Stephanie Allen as head of corporate and policy communications. KAST named former SEC senior advisor Stephanie Allen as head of corporate and policy communications.The stablecoin firm raised $80 million in Series A funding that closed in March.KAST offers USD accounts and stablecoin payments across 170 countries for consumers and businesses. The stablecoin payments firm said the hire will support its growth in North America and Latin America. KAST announced Allen‘s appointment on Thursday. She will lead the company’s corporate and policy communications strategy. The company said Allen will work on its public profile with policymakers, media, and industry groups. Her role comes as stablecoin firms face closer attention from regulators. Allen brings SEC communications experience Allen previously served as a senior advisor at the U.S. Securities and Exchange Commission. She advised agency leadership on internal and external communications. KAST said Allen also served as an SEC spokesperson and advised the agencys Crypto Task Force. Brad Jaffe, KAST‘s chief corporate affairs officer, said, “Her knowledge of the policy and regulatory landscape stemming from her leadership position at the SEC and deep U.S. public and private sector experience will help drive KAST’s momentum.” Additionally, KAST was founded in July 2024 by former