Presented by Stablecon; Powered by BVNK.

In episode 19 of Money Code, hosts Chuk Okpalugo and Raj Parekh are joined by Mike Hudack, Co-founder and CEO at Sling Money. They unpack why stablecoins function as a shared ledger layer that turns cross-border payments from a prefunding and reconciliation problem into an interoperability problem, and why the real hard parts become ramps, localization, and fincrime controls rather than “the blockchain.”

Chapters

00:00 Money never became an internet good

04:07 Sling’s “global Venmo” origin story

05:05 End-to-end Sling flow across 120 countries

08:33 Why global availability is the default, not the goal

10:30 What self-custody actually means in practice

13:29 Ramp strategy: regulation plus local partners

15:33 Abstraction versus trust in the UX

20:26 Generations of cross-border and shrinking float

25:11 Localization is distribution, not translation

28:49 Compliance is a product, not a checkbox

36:44 Stablecoin choice

43:22 Sling’s mission and the line between money apps and banks

Connect with the Hosts & Guest

Chuk Okpalugo: https://www.linkedin.com/in/chuk-okpalugo/ | https://x.com/chuk_xyz/ | http://stablecoinblueprint.com

Raj Parekh: https://www.linkedin.com/in/rajparekh7/ | https://x.com/rajparekh | http://monad.xyz

Mike Hudack: https://www.linkedin.com/in/mhudack | https://x.com/mhudack | https://sling.money/

About Stablecon

Stablecon (https://stablecon.com/) is the premier gathering for those at the intersection of DeFi, economic policy, financial infrastructure, and institutional integration, and those reinventing global commerce. Whether you’re building, advising, or navigating this new frontier, this is the room where it happens.

About BVNK

BVNK is the leading provider of stablecoin payments infrastructure, helping businesses move money faster, settle globally, and even launch their own stablecoin products. Head to https://bvnk.com/ to learn more.

Why Building a Global Venmo with Stablecoins is Still Hard w/ Mike Hudack (Sling)

Money Code