Ripple CEO Brad Garlinghouse said stablecoins will become the crypto industry’s “ChatGPT moment” for businesses seeking faster, more efficient payments, and that many companies are already evaluating how to integrate stablecoins into their operations.
“You have boards of directors and CEOs of companies, whether it’s Fortune 500 or Fortune 2000, they’re asking their treasurers, they’re asking their CFOs, hey, what are we doing with stablecoins,” Garlinghouse told FOX Business. “Giving the treasurer and the CFO that option is the unlock,” he added, describing stablecoins as the gateway for firms to access a wider array of blockchain-based services.
Industry forecasts support the idea of rapid growth. Bloomberg Intelligence projected in January that stablecoin flows could grow at a compounded annual rate of about 80%, reaching roughly $56.6 trillion by 2030 — a scale that would make stablecoins a central payment tool in global finance.
Garlinghouse noted that stablecoins already handled more than $33 trillion in trading volume last year, though he said nearly 90% of that activity was concentrated in two tokens: Tether’s USDT and Circle’s USDC.
Ripple itself entered the stablecoin market in December 2024 with Ripple USD (RLUSD). RLUSD is currently among the largest stablecoins by market capitalization, ranking around 10th with roughly $1.4 billion, according to CoinGecko data.
Beyond issuing a stablecoin, Ripple has been strengthening its institutional payments infrastructure through acquisitions. Last year the company acquired prime brokerage Hidden Road for $1.25 billion and treasury management platform GTreasury for $1 billion, moves Garlinghouse says have helped drive strong company performance. He told reporters Ripple is poised for a “record quarter” and has been “on a tear” since those deals.
Garlinghouse argued that clearer market-structure legislation in the U.S. could accelerate corporate adoption of stablecoins and other blockchain solutions. He pointed to the CLARITY Act as a potential catalyst if passed and signed into law, and warned against politicized regulation that, in his view, could harm innovation: “We want to make sure we can’t have another Gary Gensler moment where they try to weaponize policy in a way that is about politics, not about what’s good for the United States.”
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy