Stablecoins Need a Clearing Layer w/ Sam Broner (Better Money Company)

Presented by Stablecon; Powered by BVNK.In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Sam Broner, co-founder and CEO of the Better Money Company and former investment partner at a16z crypto.They unpack why swapping one stablecoin for another today is like "selling Wells Fargo dollars to buy Bank of America dollars," why fungibility is the missing layer that turns stablecoins into real money, and what changes when AI agents show up needing to pay without a credit history.Subscribe and listen to the Money Code podcast here:https://lnk.to/MoneyCodeSNChapters00:00 The stablecoin clearinghouse: BMC's 30-second pitch01:24 "Selling Wells Fargo dollars to buy Bank of America dollars"04:41 M&A merry-go-round: who builds vs. who buys07:24 "We sell trust" — what payments companies actually need10:05 Tourists in the Bazaar: why agents can't use credit rails14:07 From ChatGPT to Cisco: how agent payment terms evolve16:03 Protocol wars and intelligence at the edge18:30 The incentive puzzle: why interchange fees exist22:10 Emerging vs. developed markets: two different products24:32 The innovator's dilemma: incumbents won't cannibalize26:53 Five Bells Tavern: 200 years of clearing history in 5 minutes29:15 Custom stablecoins, treasury management, and the partner list35:49 No slippage vs. no fee: how BMC makes money40:59 The endgame: "just see your dollar balance"Connect 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.xyzSam Broner: https://x.com/SamBroner | https://www.linkedin.com/in/sambroner/ | https://bettermoney.comAbout 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.