menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Ripple CEO...
source image

Coindoo

1d

read

299

img
dot

Image Credit: Coindoo

Ripple CEO Predicts Trillion-Dollar Stablecoin Boom

  • Ripple CEO Brad Garlinghouse predicts a trillion-dollar stablecoin boom driven by rising adoption and institutional demand.
  • Ripple's RLUSD stablecoin, launched in late 2024, has already achieved a $500 million market cap with BNY Mellon as its custodian, indicating Ripple's alignment with traditional financial standards.
  • Garlinghouse highlighted Ripple's experience with financial institutions and regulatory compliance as competitive advantages in the stablecoin sector, stating they bring scalable infrastructure.
  • Industry experts echo the optimism, with forecasts of a $1-2 trillion stablecoin market fueled by increasing involvement from banks, retailers, and fintechs, especially pending new legislation like the GENIUS Act.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app