Manage episode 519228282 series 3687972
Presented by Stablecon Media and Powered by BVNK
In episode 8 of Money Code, hosts Chuk Okpalugo and Raj Parekh are joined by Naveen Mallela, Global Co-Head of Kinexys at J.P. Morgan. They discussed the vision for Kinexys, how deposit tokens like JPMD differ from stablecoins, and how interoperability, credit creation, and just-in-time liquidity will reshape global finance.
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.
Connect with the Hosts & Guest
Chuk Okpalugo: LinkedIn, X, stablecoinblueprint.com
Raj Parekh: LinkedIn, X, monad.xyz
...
Chapters
1. Intro: Money Code Live at Money20/20 and Naveen’s background (00:00:00)
2. Why JPMorgan Bet Early on Blockchain and Tokenization (00:03:16)
3. What is Kinexys? Scope, Products, and Mandate Across the Bank (00:06:35)
4. From Single-Bank Ledger to Partior: Building Shared Infrastructure (00:07:40)
5. Universal Ledger Vision and Rethinking the Banking Stack (00:10:08)
6. Deep Dive on JPMD: How Deposit Tokens Differ from Stablecoins (00:18:38)
7. Why Branded Bank Liabilities Matter and the Case Against Consortia Coins (00:18:58)
8. Stablecoins vs Deposit Tokens: Singleness of Money, Pre-funding, and Use Cases (00:23:30)
9. Liquidity as the Bottleneck: Just-in-Time Funding, Tokenized Collateral, FX Swaps (00:29:40)
10. Closing Notes (00:36:16)
10 episodes