Ripple CEO Brad Garlinghouse stated that stablecoins represent the “ChatGPT moment” for business adoption of cryptocurrency, enabling faster and more efficient payments. He revealed that corporate leaders are actively asking their financial teams about stablecoin strategies. This comes as analysts project massive growth for the sector, with Ripple itself launching its own stablecoin and making major acquisitions to bolster its payments infrastructure.
Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses seeking faster, more efficient payments. He stated that many companies are already strategizing how to implement 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. He described giving financial executives that option as the key unlock for accessing broader blockchain services.
Bloomberg Intelligence predicted stablecoin flows could grow at 80% annually to $56.6 trillion by 2030. Garlinghouse noted stablecoins processed over $33 trillion in volume last year, dominated by Tether’s USDT and Circle’s USDC.
Ripple launched its own stablecoin, Ripple USD (RLUSD), in December 2024. Data shows it is now the 10th largest stablecoin with a $1.4 billion market cap.
The company also acquired prime brokerage Hidden Road for $1.25 billion and treasury platform GTreasury for $1 billion last year. Garlinghouse said Ripple is set for a “record quarter” and has been “on a tear” since those deals.
He argued that market structure legislation like the CLARITY Act would accelerate adoption. “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,” he stated.
