Stablecoins Are Payroll's Dollar Account Layer w/ Thierry Edde (Deel)

Stablecoins Are Payroll's Dollar Account Layer w/ Thierry Edde (Deel)

July 2, 2026 · 44 min

About this episode

Thierry Edde discusses the role of stablecoins in payroll systems and the challenges of global payment infrastructure.

Presented by Stablecon; Powered by BVNK. In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Thierry Edde, Head of Crypto at Deel, to unpack what five years building global payroll infrastructure taught him about where stablecoins add value. They break down why workers want dollar balances inside payroll apps, why compliant stablecoin salaries still run through local fiat rails, and how Deel is using Akai agents to clean up the payment failures deterministic code misses. Subscribe and listen to the Money Code podcast here: https://lnk.to/MoneyCodeSN Chapters 00:00 Deel's payments surface: 40,000 businesses, 150 countries 02:19 Why a late salary becomes an escalation 04:14 RFIs, SWIFT, and the missing status problem 06:44 Argentina showed every withdrawal path was in play 10:21 "Just people getting paid": hiding the chain 11:56 The wallet works because the off-ramps already exist 17:13 Businesses fund in stables, employees get paid compliantly 20:18 Reversing the stablecoin sandwich 23:29 DLUSD, card demand, and rewards behavior 28:36 Fiat payment scars matter for stablecoin scale 33:05 Akai agents and the last 1% of payout automation 36:37…

Sponsors

Stablecon, BVNK

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