Stablecoins Aren't for Americans w/ Ayo Omojola

Presented by Stablecon; Powered by BVNK.In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Ayo Omojola, General Partner at Refract VC, former Cash App banking lead, and organizer of A Very Stable Conference. They unpack why the biggest stablecoin opportunity isn't in the US, where Chase is "ferocious" and payments feel good enough, but in serving billions of people worldwide who can now access dollar-denominated savings from an app store, and why $300B in circulating supply is still peanuts compared to what's coming.Subscribe and listen to the Money Code podcast here:https://lnk.to/MoneyCodeSNChapters00:00 Investing in stablecoins: why people matter more than tech03:30 The wealth flight thesis: why rich people move money to Switzerland08:00 Agentic payments: real or overhyped?12:35 A Very Stable Conference: catching lightning in a bottle19:20 The Jamie Dimon problem: competing with Chase26:00 Why long sales cycles are a product problem28:50 Cash App parallels: "we knew a secret"34:15 $300B is peanuts — the real market sizing math37:15 Why incumbents have paper-thin advantages42:45 "Fish don't feel the water as wet"49:20 Non-USD stablecoins: institutional gaps as the foothold54:30 Where to find Ayo and A Very Stable ConferenceConnect with the Hosts & GuestChuk Okpalugo: https://www.linkedin.com/in/chuk-okpalugo/ | https://x.com/chuk_xyz/ | http://stablecoinblueprint.comRaj Parekh: https://www.linkedin.com/in/rajparekh7/ | https://x.com/rajparekh | http://monad.xyzAyo Omojola: https://x.com/ay_o | https://kunle.appAbout 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.