Money Code: An Overview
Money Code is a weekly podcast hosted by Chuk Okpalugo and Raj Parekh that explores stablecoins and programmable money for developers, investors, and industry leaders. Produced by Stablecon Media and powered by BVNK, the show features conversations with key figures in digital finance.
Quick answer
Money Code is a weekly podcast hosted by Chuk Okpalugo and Raj Parekh that explores stablecoins and programmable money for developers, investors, and industry leaders. Produced by Stablecon Media and powered by BVNK, the show features conversations with key figures in digital finance.
Money Code is a weekly podcast that examines stablecoins, programmable money, and emerging trends in digital financial systems. The show is hosted by Chuk Okpalugo and Raj Parekh and presents interviews with prominent figures and specialists working in fintech. Stablecon Media produces the podcast, which is designed for software developers, investment professionals, and leadership-level decision-makers interested in digital assets.
Overview and Mission
Money Code's primary objective is to simplify and explain the intricate technologies, methodologies, and market movements surrounding stablecoins and programmable money. As stated in official materials, the podcast aims to equip its audience with critical knowledge for making informed strategic choices.
The show's core message is framed as: "The podcast that explains stablecoins and the development of programmable money for creators, financial professionals, and business leaders." This mission is carried out through extended dialogues with seasoned industry professionals who contribute practical experience and expert perspective. The hosts emphasize that through these conversations, listeners gain "the understanding needed for informed product and investment decisions." The intended listeners comprise three distinct groups: "creators" including engineers and startup founders, "financial professionals" in investment roles, and "business leaders" in executive and governance positions.
History
Money Code debuted in September 2025 as the lead podcast initiative of Stablecon Media. A brief teaser was shared on September 4, 2025, labeled "Introducing Money Code with Chuk Okpalugo and Raj Parekh," which presented the show's concept and introduced its hosts.
The debut episode with a featured guest premiered on September 11, 2025. The episode, called "Is Tempo Stripe's Libra 2.0?," included an interview with Simon Taylor from Tempo, a venture supported by Stripe and Paradigm. The show follows a weekly broadcast schedule and is available through Buzzsprout, with episodes distributed on major platforms such as Apple Podcasts, Spotify, and YouTube.
Hosts
The show features two co-hosts, Chuk Okpalugo and Raj Parekh, each bringing professional expertise from finance and technology fields.
Chuk Okpalugo is a writer who has held roles at prominent financial and technology organizations including Stripe, Circle, Amazon, and Google. He publishes the Stablecoin Blueprint newsletter, which covers subject matter closely aligned with the podcast.
Raj Parekh previously held a position at Circle and is one of the founding members of Stablecon, the conference and media organization that produces this podcast. Beyond hosting responsibilities, Parekh serves as Head of Payments and Stablecoins for the Monad Foundation.
Production and Affiliations
The podcast is distributed by Stablecon Media and supported by BVNK. These partnerships link the podcast to an interconnected network of industry gatherings, media platforms, and infrastructure providers centered on stablecoins.
Stablecon operates as both the producer of Money Code and a broader industry platform. The organization works to develop leadership perspectives and enable partnerships within the digital payments sector. As a co-founder of the Stablecon conference, host Raj Parekh creates a direct connection between the podcast and the annual conference event.
BVNK operates as a provider of stablecoin transaction systems for businesses, delivering capabilities for international transfers and facilitating institutions in creating proprietary stablecoins. In October 2025, Chris Harmse, BVNK's co-founder, appeared as a guest to discuss expansion initiatives and institutional stablecoin strategies.
Format and Topics
Each episode of Money Code features a single guest working in digital finance, with the hosts conducting an extensive interview. The discussion centers on the guest's professional focus, organization, and viewpoints regarding the trajectory of digital currency.
The podcast addresses numerous subjects relevant to stablecoins and digital payment infrastructures, including:
- Stablecoin engineering, legal compliance, and market penetration
- Progress and practical applications of programmable money
- Transformation of conventional international payment corridors and money transfer markets
- Accessibility and ease of use in cryptocurrency platforms
- Regulatory frameworks and compliance concerns for digital asset initiatives
- Approaches and methodologies within decentralized finance environments
- Tokenization of deposits by conventional banking institutions
- Commercial applications of stablecoins in retail transactions and enterprise settlements
- Infrastructure development for blockchain networks centered on stablecoins
- Stablecoins as a tool for expanding worldwide access to United States currency
Frequently Asked Questions
What is Money Code?
Money Code is a weekly podcast hosted by Chuk Okpalugo and Raj Parekh that explores stablecoins and programmable money for developers, investors, and industry leaders. Produced by Stablecon Media and powered by BVNK, the show features conversations with key figures in digital finance.
How does Money Code maintain its peg?
Money Code maintains its dollar peg through over-collateralised crypto assets or fiat reserves. The specific mechanism — whether over-collateralisation, algorithmic rebasing, or fiat-backed reserves — determines its stability profile, capital efficiency, and risk characteristics. Full details are available in the protocol's documentation.
Is Money Code backed 1:1 with US dollars?
That depends on the type of stablecoin. Fiat-backed stablecoins hold cash or cash-equivalent reserves at a 1:1 ratio. Crypto-backed stablecoins like DAI are over-collateralised and hold more collateral than the stablecoins issued. Algorithmic stablecoins may not hold 1:1 reserves at all times. Check Money Code's official documentation for the exact backing structure.
What collateral backs Money Code?
Money Code's collateral composition is defined in its smart contract parameters and may include cryptocurrencies, tokenised real-world assets, or fiat-equivalent deposits. The current collateral breakdown is typically published in real time via the protocol's dashboard or on-chain analytics tools such as DeFiLlama.
Is Money Code safe?
No stablecoin is entirely risk-free. Money Code carries risks specific to its peg mechanism, including collateral volatility, oracle failure, smart contract vulnerabilities, and regulatory action against its issuer or backing assets. Reviewing audit reports and understanding the peg mechanism is essential before holding significant amounts.
What are the risks of holding Money Code?
Risks include de-pegging events (where the stablecoin trades above or below $1), smart contract exploits, collateral liquidations, issuer insolvency (for fiat-backed variants), and regulatory restrictions. Historical de-peg events in the stablecoin market — including the collapse of TerraUSD in 2022 — underscore the importance of understanding each stablecoin's mechanism before committing capital.
Where can I buy or obtain Money Code?
Money Code can typically be acquired on decentralised exchanges (such as Uniswap or Curve Finance) or centralised exchanges. Some stablecoins can also be minted directly through the issuing protocol by depositing the required collateral. Check CoinMarketCap or CoinGecko for a list of exchanges listing Money Code.
How can I earn yield on Money Code?
Money Code can be deposited into lending protocols such as Aave or Compound, supplied to DEX liquidity pools on Uniswap or Curve, or staked in the issuing protocol for protocol rewards. Yield rates fluctuate based on supply and demand. Always compare rates on aggregators like DeFiLlama's yield tracker before committing funds.
Who created Money Code?
Money Code was created by a team of blockchain developers or a decentralised protocol. Some stablecoins are issued by regulated companies (Circle issues USDC; Tether issues USDT), while others such as DAI are governed by a decentralised autonomous organisation (MakerDAO). Check the official Money Code website for publisher information.
How does Money Code compare to USDT and USDC?
USDT (Tether) and USDC (Circle) are the two largest stablecoins by market capitalisation and are both fiat-backed. Money Code may differ in its collateral type, decentralisation level, transparency, supported chains, and regulatory status. Decentralised stablecoins like DAI or USDe offer censorship resistance that fiat-backed alternatives cannot provide, at the cost of greater complexity and different risk exposures.