Ripple CEO Predicts Stablecoin Market to Soar to $2 Trillion
2025-07-10 07:26:35
Main Idea
Ripple CEO Brad Garlinghouse predicts the stablecoin market could grow to $2 trillion, driven by regulatory advancements and Ripple's strategic initiatives like its RLUSD stablecoin.
Key Points
1. Ripple CEO Brad Garlinghouse forecasts the stablecoin market could reach $2 trillion in a few years, citing exponential growth potential.
2. The GENIUS Act's expected passage in the U.S. is a major regulatory catalyst for stablecoin market expansion.
3. Ripple's RLUSD stablecoin, launched in late 2024, has a $500 million market cap and uses BNY Mellon as its primary custodian.
4. Ripple is pursuing full U.S. compliance, including applying for a banking license and a Federal Reserve Master Account.
5. JPMorgan offers a more conservative stablecoin market forecast of $500 billion by 2028, contrasting with Ripple's optimistic projection.
Description
Brad Garlinghouse, CEO of Ripple, has expressed a strong belief that the stablecoin market is poised for exponential growth, potentially surging from its current $250 billion valuation to a staggering $1 to $2 trillion within a “handful of years.” Speaking on CNBC, Garlinghouse highlighted the profound growth already witnessed in the sector and Ripple’s strategic … Continue reading "Ripple CEO Predicts Stablecoin Market to Soar to $2 Trillion" The post Ripple CEO Predicts Stablecoin Market to So...
Latest News
- Binance CEO Richard Teng Highlights 280 Million Users as Exchange Nears Eighth Anniversary2025-07-10 12:21:42
- Crypto Veteran Peter Brandt Cautions: Bitcoin Rally at Risk Below $107,0002025-07-10 10:37:04
- Bhutan Government Continues Strategic Bitcoin Transfers to Binance2025-07-10 08:22:19
- Ripple CEO Predicts Stablecoin Market to Soar to $2 Trillion2025-07-10 07:26:35
- Ethereum Gathers Momentum: Analysts Eye Significant Upside Potential2025-07-10 06:09:18