Ripple CEO Brad Garlinghouse Bullish on Stablecoins Amid Circle IPO Success

Ripple CEO Brad Garlinghouse expressed strong confidence in the stablecoin sector during his keynote at XRP Ledger Apex in Singapore. He highlighted the successful Circle IPO as a major indicator of growing institutional and retail interest in blockchain-based finance.

“Circle’s IPO clearly performed well. It reflects increasing investor demand for crypto assets,” Garlinghouse said. “The financial future will be blockchain-based.”

He attributed part of the IPO’s momentum to expectations surrounding the GENIUS Act, a U.S. stablecoin regulatory bill gaining bipartisan traction in the Senate. As reported by CoinDesk, the bill could pass by the August recess, paving the way for legal clarity in the U.S. digital asset market.

Garlinghouse emphasized that regulatory clarity—not deregulation—is what the industry seeks. “Regulatory headwinds have turned into tailwinds in the U.S., which is a positive signal for the global crypto landscape,” he said.

He also noted that other global jurisdictions, including Hong Kong and South Korea, are advancing their own stablecoin legislation, reinforcing a trend toward global regulatory alignment.

Despite mounting speculation, Garlinghouse declined to comment on any potential merger or acquisition between Ripple and Circle.

The XRP Ledger Apex conference, focused on XRP and blockchain innovation, continues in Singapore through Wednesday, drawing key figures from across the crypto ecosystem.

Garlinghouse’s remarks underscore Ripple’s strategic alignment with the evolving stablecoin space and reflect broader market optimism fueled by regulatory momentum and successful public listings in the crypto industry.