Blockchains Are the Fourth Generation of Payment Rails w/ Mark Frey (Corpay) & Keith Vander Leest (BVNK)
About this episode
The episode discusses the evolution of payment systems with a focus on stablecoins and blockchain technology.
Presented by Stablecon; Powered by BVNK. In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Mark Frey, Group President of Corpay Cross-Border Solutions, which moves money to almost 200 countries in 145 currencies, and Keith Vander Leest, US General Manager at BVNK, fresh off the two companies launching embedded stablecoin wallets for Corpay's corporate clients. They unpack why cost "is not really a big driver" for stablecoin adoption when in-country payments already cost pennies, why the real prize is moving trapped liquidity 24/7 after wire cutoffs, and why "no one's really asking for stablecoins" even as providers route more volume onto them. Subscribe and listen to the Money Code podcast here: https://lnk.to/MoneyCodeSN Chapters 00:00 What Corpay manages across 145 currencies and 200 countries 03:08 The launch: embedded stablecoin wallets for corporate clients 05:38 Blockchains as the fourth generation of payment rails 08:38 "Cost is not really a big driver": the 24/7 unlock 10:15 "Swift is sleeping": instant rails that don't interoperate 14:36 "No one's really asking for stablecoins" 21:24…
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