Why Cash App Added Stablecoins w/ Miles Suter (Block)
About this episode
The episode discusses Cash App's integration of stablecoins and the broader implications for Bitcoin and digital finance.
Presented by Stablecon; Powered by BVNK. In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh talk with Miles Suter, Bitcoin product lead at Block, about Cash App's new stablecoin experience and Block's long-running push to make Bitcoin everyday money. 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 "global lingua franca" connecting stablecoins, Bitcoin, and merchants. Subscribe and listen to the Money Code podcast here: https://lnk.to/MoneyCodeSN Chapters 00:00 Cash App's stablecoin launch in one balance 03:44 Block's Bitcoin mission is bigger than Cash App 10:08 Dollars on Lightning proved the stablecoin UX 13:19 Why crypto complexity blocks adoption 15:04 Stablecoins as the bridge to Bitcoin 17:30 El Salvador lesson: people want stable digital value 20:33 Trust is built by what Cash App refuses to ship 25:04 Stablecoins and Cash App's global path 29:27 Stablecoins become another Cash App rail 30:59 Why replacing cards is harder than fees 37:31 Bitcoin purists, stablecoins, and internal resistance…
Sponsors
BVNK, Stablecon
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- Every Payments Company Needs a Stablecoin Strategy w/ Ben Milne (Brale)
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