Ripple CEO Predicts Stablecoin Market Could Hit $2 Trillion Soon

Big Growth Ahead for Stablecoins, Says Ripple Boss

As reported by CryptoNews, Ripple CEO Brad Garlinghouse believes stablecoins are heading for a massive boom. Speaking to CNBC’s Squawk Box this week, he shared that the market could grow from around $250 billion today to as much as $2 trillion in just a few years. He called this growth “profound” and said it’s being driven by two big forces: institutional demand and better crypto regulations.

Ripple Joins the Stablecoin Race with RLUSD

Although Ripple joined the stablecoin space later than others, the company now has its own USD-backed token called RLUSD. This new stablecoin is Ripple’s way of stepping into the fast-growing market, and it’s already gaining fame.

RLUSD hit a major milestone this week, reaching a $500 million market cap in less than seven months. Ripple also partnered with BNY Mellon, one of the world’s largest banks, which will now hold RLUSD in custody, helping build trust around the asset.

Garlinghouse said Ripple’s strong ties to banks and financial institutions give it a real chance to succeed in this space.

Experts Agree: The Stablecoin Boom Is Coming

Ripple isn’t the only one expecting a stablecoin surge. Henrik Andersson, CIO at Apollo Capital, said their team is seeing the same trends. From banks and fintech firms to social platforms and retail giants, everyone seems to be launching their own stablecoin.

Andersson also pointed out the success of Tether, the market leader, which has used its dominance to build strong profits. He believes the entire sector is on the rise, and Ripple is well-positioned to ride that wave.

Regulation Is Starting to Catch Up

One of the biggest reasons for this new optimism is clearer regulation. The GENIUS Act, a new U.S. bill, aims to give stablecoins legal tender status. It already passed the Senate and could become law soon.

Nick Ruck from LVRG Research said that if regulators like the SEC take a more positive stance, the market could grow several times larger. With fewer legal gray areas, both businesses and investors may feel more confident using and holding stablecoins.

Ripple Strengthens Ties with Traditional Finance

Ripple isn’t just building a stablecoin, it’s also working to become more like a bank. The company recently applied for a banking license and a Federal Reserve Master Account. Garlinghouse said this is about bridging traditional finance and crypto, making it easier for big institutions to join the space.

RLUSD Keeps Gaining Ground

Ripple’s RLUSD is already being used by payment companies like Transak, and adoption is growing fast. Meanwhile, Ripple’s native token XRP jumped 7% this week, hitting $2.42, its highest level in two months.

As companies like Amazon and Walmart explore stablecoin payments, it’s clear that digital dollars are here to stay.

Final Thoughts

Stablecoins are proving to be one of crypto’s biggest success stories. With more regulation, lower transaction costs, and strong demand from both businesses and users, they could soon be as common as credit cards.

Ripple is betting big on that future, and they’re not alone.