Money Code

← Money Code20 Aug · 47 min

Stablecoins Make Payment Networks Capital-Light w/ Pritpal Shokar (Thunes)

Stablecoins Make Payment Networks Capital-Light w/ Pritpal Shokar (Thunes)20 Aug47 min

<p>Presented by Stablecon; Powered by BVNK.<br></p><p>In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Pritpal Shokar, Head of Product for Digital Assets at Thunes, to trace how a global payment network moves money across 140 countries, 90 currencies, and 220 payment methods.</p><p>They unpack how stablecoins can reduce prefunding from days to hours, why local demand determines which corridors can adopt them, and why Pritpal says a capital-light network makes Thunes&#39; core business stronger.</p><p><br></p><p>Chapters</p><p>00:00 Defining Thunes and the last-mile problem</p><p>03:22 Building a payment network one market at a time</p><p>05:31 Mobile wallets are the account</p><p>07:14 Why instant payouts still require prefunding</p><p>10:36 Stablecoins move funding from days to hours</p><p>13:49 Local demand determines viable stablecoin corridors</p><p>17:11 Thunes tested stablecoins in its own treasury</p><p>21:35 Tokenized deposits keep money inside banking</p><p>27:02 Supporting new forms of money without picking winners</p><p>30:29 Programmable settlement, DeFi, and on-chain yield</p><p>35:40 Capital was never the product</p><p>39:10 Preparing for agentic payments before demand arrives</p><p>42:55 Start with one corridor problem</p><p>Timestamps may change after final editing.</p><p><br></p><p><strong>Subscribe and listen to the Money Code podcast here:</strong></p><p>https://lnk.to/MoneyCodeSN</p><p><br></p><p><strong>Connect with the Hosts &amp; Guest</strong></p><p>Chuk Okpalugo: https://www.linkedin.com/in/chuk-okpalugo/ | https://x.com/chuk_xyz/ | https://stablecoinblueprint.com</p><p>Raj Parekh: https://www.linkedin.com/in/rajparekh7/ | https://x.com/rajparekh | http://monad.xyz</p><p>Pritpal Shokar: https://uk.linkedin.com/in/pritpal-shokar | https://www.thunes.com/ | https://www.linkedin.com/company/thunespayments</p><p><br></p><p><strong>About Stablecon</strong></p><p>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. 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&#39;re building, advising, or navigating this new frontier, this is the room where it happens.</p><p><strong>About BVNK</strong></p><p>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.</p>