Stablecoins Need Banks: The “Banking Layer” Nobody Sees w/ Jacqueline Reses (Lead Bank)

Presented by Stablecon; Powered by BVNK. In episode 15 of Money Code, hosts Chuk Okpalugo and Raj Parekh are joined by Jackie Reses, Chair and CEO at Lead Bank. They break down why stablecoin payments quietly depend on banks as regulated “plumbing,” how compliance automation becomes a product advantage, and why the biggest second-order risk of stablecoin growth may be destabilizing community-bank deposit bases before local credit creation has a replacement.Subscribe and listen to the Money Code podcast here:https://lnk.to/MoneyCodeSNChapters00:00 Stablecoins don’t work without the banking layer01:28 Why Lead Bank was built from scratch04:27 How you earn regulator trust in modern banking11:25 Onboarding “too tricky” clients and scaling with them13:34 Compliance as a front-of-house product17:44 Why Lead acquired Loop Crypto20:02 Lead’s API primitives and composable banking stack22:49 How different banks should think about stablecoins24:41 The community bank risk: deposit flight and local lending34:25 Tokenized deposits vs stablecoins as rails39:26 The “Hunger Games” phase of fragmentation44:30 Builder advice: precision, scale, and no hyperboleConnect with the Hosts & GuestChuk 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 Jackie Reses: https://www.linkedin.com/in/jacqueline-reses-938b7850/