How Should Banks Respond to Stablecoins w/ Chris Dean (Treasury Prime)
About this episode
In this episode, the hosts discuss the impact of stablecoins on the banking sector with Chris Dean from Treasury Prime.
Presented by Stablecon; Powered by BVNK. In episode 25 of Money Code, hosts Chuk Okpalugo and Raj Parekh are joined by Chris Dean, CEO and co-founder at Treasury Prime. They unpack why bank “slowness” is mostly a risk and proof problem, how fintechs actually use banks for deposits/credit/payments, and how stablecoins and newer, tech-first banks will reshape the US banking landscape. Subscribe and listen to the Money Code podcast here: https://lnk.to/MoneyCodeSN Chapters 00:00 Banks are slow because change equals risk 02:26 Which banks move fast and why leadership matters 05:33 Treasury Prime’s role between banks and fintechs 09:16 The 3 fintech JTBD buckets: deposits, credit, payments 12:09 How fintech partnerships defend community banks from big-bank pressure 15:01 Stablecoins as deposit threat vs “just another rail” 17:43 The banker pitch: stablecoins are already in your flows 24:22 Where US banking goes next: de novos, charters, consolidation 27:21 Why running a bank stays expensive even with AI 32:25 What a “core” actually is and why regulators resist replacement 35:23 Are blockchains the answer, or do they create new reconciliation failure modes? 44:17 The practical…
People in this episode
Hosts: Chuk Okpalugo, Raj Parekh
Guest: Chris Dean
Topics covered
- stablecoins
- banking
- fintech
- risk management
- US banking landscape
- partnerships
Sponsors
Stablecon
Mentioned in this episode
Organizations: Treasury Prime, BVNK
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- Stablecoins Need a Clearing Layer w/ Sam Broner (Better Money Company)
- What Stablecoins Actually Fix in Cross-Border Payments w/ Rowland Berry (Payoneer)
- Stablecoin M&A: There's no Winner-Take-All w/ Itai Turbahn (Dynamic / Fireblocks)
- Breaking Down Mastercard’s BVNK Acquisition
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