The post Ripple CEO Suggests Stablecoin Market Could Potentially Grow Tenfold Amid RLUSD Expansion appeared on BitcoinEthereumNews.com.

Ripple CEO Brad Garlinghouse highlights the remarkable expansion of the stablecoin market, emphasizing Ripple’s strategic partnership with BNY Mellon as custodian for its RLUSD stablecoin. Industry experts predict the stablecoin market could surge to $1-2 trillion in the coming years, driven by regulatory advancements and growing institutional adoption. According to COINOTAG, Garlinghouse’s announcement underscores Ripple’s commitment to regulatory compliance and bridging traditional finance with decentralized finance (DeFi). Ripple’s stablecoin RLUSD gains momentum with BNY Mellon partnership amid forecasts of a $1-2 trillion stablecoin market fueled by regulatory progress. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Stablecoin Market Poised for Exponential Growth The stablecoin sector is witnessing unprecedented growth, with current market capitalization around $250 billion and projections estimating a rise to between $1 trillion and $2 trillion within a few years. Ripple CEO Brad Garlinghouse attributes this surge to increasing institutional participation and regulatory clarity. Ripple’s entry into the stablecoin space, marked by the launch of RLUSD in late 2024, reflects a strategic pivot to leverage its existing payment infrastructure for institutional clients. The partnership with BNY Mellon as custodian further solidifies Ripple’s position, ensuring robust asset security and compliance. Regulatory Landscape and Industry Endorsements Industry leaders like Henrik Andersson, CIO at Apollo Capital, affirm the market’s trajectory, noting the proliferation of stablecoins launched by fintech firms, banks, and large retailers. Andersson highlights Tether’s profitability as a benchmark…

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Filed under: News - @ July 10, 2025 5:29 am