Money Code

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

Money Code

Show Notes

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.

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