Stablecoins Make Payment Networks Capital-Light w/ Pritpal Shokar (Thunes)
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Presented by Stablecon; Powered by BVNK.
In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Pritpal Shokar, Head of Product for Digital Assets at Thunes, to trace how a global payment network moves money across 140 countries, 90 currencies, and 220 payment methods.
They unpack how stablecoins can reduce prefunding from days to hours, why local demand determines which corridors can adopt them, and why Pritpal says a capital-light network makes Thunes' core business stronger.
Chapters
00:00 Defining Thunes and the last-mile problem
03:22 Building a payment network one market at a time
05:31 Mobile wallets are the account
07:14 Why instant payouts still require prefunding
10:36 Stablecoins move funding from days to hours
13:49 Local demand determines viable stablecoin corridors
17:11 Thunes tested stablecoins in its own treasury
21:35 Tokenized deposits keep money inside banking
27:02 Supporting new forms of money without picking winners
30:29 Programmable settlement, DeFi, and on-chain yield
35:40 Capital was never the product
39:10 Preparing for agentic payments before demand arrives
42:55 Start with one corridor problem
Timestamps may change after final editing.
Subscribe and listen to the Money Code podcast here:
https://lnk.to/MoneyCodeSN
Connect with the Hosts & Guest
Chuk Okpalugo: https://www.linkedin.com/in/chuk-okpalugo/ | https://x.com/chuk_xyz/ | https://stablecoinblueprint.com
Raj Parekh: https://www.linkedin.com/in/rajparekh7/ | https://x.com/rajparekh | http://monad.xyz
Pritpal Shokar: https://uk.linkedin.com/in/pritpal-shokar | https://www.thunes.com/ | https://www.linkedin.com/company/thunespayments
About Stablecon
Stablecon (https://stablecon.com/) is the premier gathering for those at the intersection of DeFi, economic policy, financial infrastructure, and institutional integration, and those reinventing global commerce. By convening the brightest minds in fintech and crypto, Stablecon provides attendees with world class thought leadership and fosters unparalleled networking and strategic collaboration across the digital payments industry. Whether you're building, advising, or navigating this new frontier, this is the room where it happens.
About BVNK
BVNK is the leading provider of stablecoin payments infrastructure, helping businesses move money faster, settle globally, and even launch their own stablecoin products. Head to https://bvnk.com/ to learn more.