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UK Issues New Warning Over Stablecoin Market Risks

Summary by Cointelegraph
Ripple’s Brad Garlinghouse says there's belief that stablecoins could explode to $2 trillion while the firm’s RLUSD reaches $500M market cap and XRP hits seven-week high.

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News Key Points Ripple CEO predicts that stablecoins will skyrocket from the current $250 billion to $1 to $2 trillion, driven by huge institutional demand and clearer regulation. RLUSD has just reached market capitalization of $500 million and has designated BNY Mellon as custodian, marking the adoption by large banks of regulated digital dollars. From Amazon and Walmart pilot projects to Transak access ramps and GENIUS law, companies and legis…

According to Ripple's CEO (XRP), the run to stablecoins is not over. Stablecoins could reach a capitalization of $2,000 billion in the next few years, according to Brad Garlinghouse. Article 2 trillion dollars of capitalization for stablecoins? Ripple's CEO believes in it appeared first on Cryptoast.

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Cryptonews.com broke the news in on Thursday, April 10, 2025.
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