Money Code

← Money Code25 Jun · 50 min

Why Cash App Added Stablecoins w/ Miles Suter (Block)

Why Cash App Added Stablecoins w/ Miles Suter (Block)25 Jun50 min

<p>Presented by Stablecon; Powered by BVNK.</p><p><br></p><p>In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh talk with Miles Suter, Bitcoin product lead at Block, about Cash App&#39;s new stablecoin experience and Block&#39;s long-running push to make Bitcoin everyday money.</p><p>Miles explains why stablecoins now belong inside the same Cash App dollar balance as ACH and wires, why more than 40% of Lightning payments are being funded by dollars, and how Lightning could become the &quot;global lingua franca&quot; connecting stablecoins, Bitcoin, and merchants.</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>Chapters</strong></p><p>00:00 Cash App&#39;s stablecoin launch in one balance</p><p>03:44 Block&#39;s Bitcoin mission is bigger than Cash App</p><p>10:08 Dollars on Lightning proved the stablecoin UX</p><p>13:19 Why crypto complexity blocks adoption</p><p>15:04 Stablecoins as the bridge to Bitcoin</p><p>17:30 El Salvador lesson: people want stable digital value</p><p>20:33 Trust is built by what Cash App refuses to ship</p><p>25:04 Stablecoins and Cash App&#39;s global path</p><p>29:27 Stablecoins become another Cash App rail</p><p>30:59 Why replacing cards is harder than fees</p><p>37:31 Bitcoin purists, stablecoins, and internal resistance</p><p>39:48 Lightning bridges Bitcoin and DeFi</p><p>44:15 Bitcoin as savings, stablecoins as checking</p><p>48:43 Where to find Miles and Bitcoin at Block</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>Miles Suter: https://x.com/milessuter | https://block.xyz/bitcoin</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><br></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>