Building WhatsApp for Money Across 80 Countries w/Stablecoins

In this episode of Stableminded, we sit down with Mike Hudack, Co-Founder & CEO of Sling Money, to explore how they're building global stablecoin payment infrastructure and revolutionizing cross-border money transfer.

Mike shares his unconventional journey from high school dropout to fintech CEO, discovering his passion for global connectivity through early internet protocols like IRC. When he moved USDC from London to San Francisco to invest in a DAO, he experienced both the friction and power of stablecoins—inspiring the vision for Sling Money.

Just two days after moving into their first office, everything fell apart: USDC depegged, Silicon Valley Bank collapsed, and First Republic nearly failed. With their investment capital in SVB, Mike's personal money in First Republic, and their product built on USDC, the team faced an existential decision.

Mike Hudack reveals:

- The "floor meeting"where they decided to continue despite the chaos
- Why they chose to build custom infrastructure across 80 countries instead of using third-party solutions
- How regulatory clarity has transformed from "night and day"
- Their partnership with Global Dollar Network and USDG's economics
- The vision of making international payments as seamless as sending a text

"The transfer itself was instant and free. It cost like a tenth of a penny and it kind of blew my mind. I said we should start a global Venmo—build WhatsApp for money."

Whether you're building in fintech, interested in stablecoin infrastructure, or curious about surviving startup crises, this episode delivers crucial insights into building resilient financial products.


Follow Sling Money on X: @SlingMoney
Follow Mike Hudack on X: @mhudack
Learn more: slingmoney.com

Season five of Stableminded is powered by Global Dollar Network, the fastest growing stablecoin network in the world. Anchorage Digital, Kraken, Paxos, OKX, Robinhood, WorldPay, Bullish and many others are earning real revenue from stablecoin activity.

Visit globaldollar.com/network to learn more.

*The content of this podcast is for informational purposes only and does not constitute financial, investment or legal advice