Banks Launch Stablecoins & Cross Border Crypto

In this podcast episode, Mike Hodak, co-founder of Sling Money, shares insights about their global payments app that leverages stablecoins and blockchain technology for quick and affordable international money transfers. He delves into the challenges of creating this product, stressing the importance of a smooth user experience, strong compliance measures, and seamless integration of fiat and crypto systems. Hodak highlights Sling's self-custodial wallet on the Solana blockchain, designed to simplify complex technical aspects for everyday users, and expresses the company's goal of making financial services accessible worldwide. The discussion also explores the growing interest from traditional banks in stablecoin solutions and the transformative potential of on-chain foreign exchange for international payments.