Ripple CEO Predicts $2 Trillion Stablecoin Boom—Here’s Why It Matters
The stablecoin market isn't just growing—it's primed for a nuclear explosion. Ripple's CEO just dropped a bombshell prediction: $2 trillion in value within years. Buckle up.
Why this isn't just crypto hype
Forget meme coins—stablecoins are becoming the backbone of global finance. They're bridging TradFi and DeFi, and institutions are finally waking up. The $2 trillion figure? That's not moon math—it's the logical endpoint of mass adoption.
The institutional domino effect
Banks hate volatility more than they hate unregulated competition. Stablecoins solve both problems. Now watch as every major financial player—the same ones who called crypto a scam—scrambles to get a piece.
Cynical take: Wall Street will 'discover' stablecoins around 2026, then pretend they invented them.
Bottom line: When the suits start caring, the market moves. And $2 trillion might just be the starting point.
Ripple Bets on RLUSD to Compete in Stablecoin Race
RLUSD, Ripple’s own USD-pegged stablecoin, has given the firm an opportunity to compete, thanks to its existing institutional base and focus on regulatory compliance.
“Many people think it will reach $1 to $2 trillion in a handful of years,” Garlinghouse said, adding that Ripple is positioned to benefit from that trajectory.
He also announced that BNY Mellon will act as custodian for RLUSD, which crossed the $500 million market cap milestone this week.
Industry voices appear to echo Ripple’s optimism. Henrik Andersson, CIO at Apollo Capital, told Cointelegraph the projection aligns with their internal forecasts.
“We are seeing fintechs, banks, social networks, and large retailers all launch their own stablecoins,” he said, pointing to growing competition and adoption across sectors.
Andersson also highlighted the success of market leaders like Tether, which has turned its dominance into strong profitability.
Looking ahead, he said the GENIUS Act, a bill that WOULD give stablecoins legal tender status in the US, could be a major accelerant.
The legislation passed the Senate in June and is expected to be enacted later this month.
Nick Ruck, director at LVRG Research, added that a friendlier regulatory stance from the SEC could create favorable conditions for the stablecoin market to grow severalfold, possibly hitting the $2 trillion mark within a few years.
ANNOUNCEMENT: BNY selected to serve as the primary reserve custodian of @Ripple’s enterprise-grade stablecoin, Ripple USD (#RLUSD).
#BNY and Ripple are jointly committed to paving the way for digital asset adoption at institutional scale and together are helping to bridge the… pic.twitter.com/RjyDyBj0Qk
Ripple is also tightening its ties to traditional finance. Earlier this month, the firm applied for a banking license with the Office of the Comptroller of the Currency (OCC) and a Federal Reserve Master Account.
Garlinghouse said the MOVE is aimed at building “bridges between traditional finance and DeFi.”
Ripple’s RLUSD Gains Traction
Meanwhile, RLUSD continues to gain traction, recently integrating with crypto payments provider Transak.
RLUSD’s growing adoption comes against a background of the stablecoin reaching a $500 million market cap for the first time since it debuted trading less than seven months ago.
XRP, Ripple’s cross-border payments token, has rallied 7% this week, trading at $2.42, its highest level in nearly two months.
Stablecoins have emerged as one of crypto’s rare success stories, capturing the attention of corporations and regulators alike.
Recent reports that Amazon, Walmart, and other major companies are exploring stablecoin payments sent ripples through traditional finance, briefly pushing stablecoin transaction volumes ahead of Visa’s in 2024.
Frank Combay of Next Generation said regulatory clarity, especially Europe’s MiCA framework, has unlocked stablecoins’ growth potential by removing the biggest barrier: uncertainty.
He believes stablecoin ecosystems can reduce transaction costs by over 90% and are becoming increasingly attractive to both consumers and corporations.
