In this episode of What’s Next Beat, host Dante Reminick sits down with Anton Mozgovoy, CEO and Co-Founder of Holyheld, to explore one of the most misunderstood parts of payments: what actually happens after your card gets approved.
While a card tap feels instant, the movement of money behind the scenes is anything but. Anton breaks down the complex web of issuers, acquirers, payment networks, compliance providers, and settlement systems that power traditional payments—and explains why stablecoins represent a fundamentally different approach. Instead of simply passing messages between financial institutions, stablecoins can move value in real time, reshaping everything from cross-border transactions and treasury operations to reconciliation and settlement.
Dante and Anton dive into the practical realities of stablecoin spending today, including the challenges that still need to be solved. They discuss merchant acceptance, chargebacks, refunds, fraud protection, and the tradeoffs that come with blockchain-based finality. The conversation also explores why connecting stablecoins to existing card rails may be the fastest path to mainstream adoption, the differences between e-money and stablecoins, and why regulation and global standards will play a critical role in determining how quickly these new payment rails scale.
Looking ahead, Anton shares Holyheld’s vision for AI-powered commerce, where intelligent agents could one day make payments safely and autonomously on behalf of consumers and businesses.
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Connect with the Host:
Dante Reminik: https://www.linkedin.com/in/dante-reminick / https://x.com/DanteReminick
About Stable Pulse
Stable Pulse is a fast-paced, news-driven podcast covering the most important developments shaping the stablecoin and digital asset ecosystem. Each episode dives into timely conversations with industry leaders, operators, and policymakers, offering sharp insights and real-world perspectives on where the market is heading. With a focus on clarity and relevance, Stable Pulse breaks down complex topics into accessible, actionable takeaways for anyone building in or exploring the future of finance.