Every Payments Company Needs a Stablecoin Strategy w/ Ben Milne (Brale)

Presented by Stablecon; Powered by BVNK.In this episode of Money Code, hosts Chuk Okpalugo sits down with Ben Milne, founder and CEO of Brale and founder of Dwolla, to talk about the stablecoin shift hiding inside payments P&Ls.Ben explains why issuance becoming "a non event" changes who can compete, how prefunding can turn stablecoins into a balance-sheet tool, and why payments companies may need to stop monetizing money movement and start building higher-margin services on top.Subscribe and listen to the Money Code podcast here:https://lnk.to/MoneyCodeSNChapters00:00 Why stablecoin issuance changes banking strategy01:14 From credit card fees to payment infrastructure02:31 Brale's pitch: issue a stablecoin in a minute03:58 From $100M to $1: issuance becomes a non-event05:45 The four markets pulling stablecoins forward07:57 Prefunding: the hidden P&L lever in payments10:01 Capital efficiency changes who can compete12:49 "There is no basis point" in internet payments14:33 Bank cores, protocols, and better financial infrastructure18:21 Regulation gives banks permission to move22:14 Why bank pilots now take weeks, not years25:49 Non-USD stablecoins need local distribution29:01 Where to find Ben and BraleConnect with the Hosts & GuestChuk Okpalugo: https://www.linkedin.com/in/chuk-okpalugo/ | https://x.com/chuk_xyz/ | https://stablecoinblueprint.comRaj Parekh: https://www.linkedin.com/in/rajparekh7/ | https://x.com/rajparekh | http://monad.xyzBen Milne: https://x.com/bpmilne | https://www.linkedin.com/in/bpmilne/ | https://benmilne.com | https://brale.xyzAbout StableconStablecon (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. By convening the brightest minds in fintech and crypto, Stablecon provides attendees with world class thought leadership and fosters unparalleled networking and strategic collaboration across the digital payments industry. Whether you're building, advising, or navigating this new frontier, this is the room where it happens.About BVNKBVNK 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.