Blockcast Welcomes Raagulan Pathy: Stablecoins, Kast Card & Crypto Trends
Blockcast, a leading crypto podcast, welcomes Raagulan Pathy, former Asia Pacific lead for Circle and current CIO of JaffCap. In this episode, Raagulan discusses stablecoins, the competitive landscape, and introduces Kast, his innovative stablecoin spending card.
Raagulan's journey from traditional tech to crypto is explored, highlighting his role at JaffCap. He shares insights into future crypto investment trends and JaffCap's project evaluation process.
The episode delves into the stablecoin market, with Tether (USDT) maintaining a dominant 61.8% share as of 2025. Circle’s USDC has grown significantly to around 25.5%, reflecting a competitive yet leading position for Tether. Despite regulatory pressures, Tether's established network effects and liquidity keep it as the primary trading pair on most exchanges. However, the duopoly is gradually seeing a slight decrease in combined market share, with other stablecoins gaining ground.
Raagulan introduces Kast, his stablecoin spending card aiming to revolutionize user experience. He discusses how Kast could impact mainstream crypto adoption, focusing on neobank-like features.
In this Blockcast episode, Raagulan Pathy shares his expertise on stablecoins, the competitive landscape, and introduces Kast, a stablecoin spending card poised to transform user experience. The episode provides valuable insights into the future of crypto investments and stablecoins.
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