Stablecoins Need a Clearing Layer w/ Sam Broner (Better Money Company)

About this episode

The episode discusses the need for a clearing layer in stablecoins with insights from Sam Broner.

Presented by Stablecon; Powered by BVNK. In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Sam Broner, co-founder and CEO of the Better Money Company and former investment partner at a16z crypto. They unpack why swapping one stablecoin for another today is like "selling Wells Fargo dollars to buy Bank of America dollars," why fungibility is the missing layer that turns stablecoins into real money, and what changes when AI agents show up needing to pay without a credit history. Subscribe and listen to the Money Code podcast here: https://lnk.to/MoneyCodeSN Chapters 00:00 The stablecoin clearinghouse: BMC's 30-second pitch 01:24 "Selling Wells Fargo dollars to buy Bank of America dollars" 04:41 M&A merry-go-round: who builds vs. who buys 07:24 "We sell trust" — what payments companies actually need 10:05 Tourists in the Bazaar: why agents can't use credit rails 14:07 From ChatGPT to Cisco: how agent payment terms evolve 16:03 Protocol wars and intelligence at the edge 18:30 The incentive puzzle: why interchange fees exist 22:10 Emerging vs. developed markets: two different products 24:32 The innovator's dilemma…

People in this episode

Hosts: Chuk Okpalugo, Raj Parekh

Guest: Sam Broner

Topics covered

• stablecoins
• fungibility
• AI payments
• financial trust
• market dynamics

Keywords

• stablecoins
• clearing layer
• fungibility
• AI agents
• payment systems
• financial trust
• market dynamics

Sponsors

BVNK

Mentioned in this episode

Organizations: Better Money Company, a16z

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