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CoinDesk Podcast Network

Brad Garlinghouse Says Stablecoin Market Cap Will Hit $3 Trillion by 2031

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 30 May 2026

⏱️ 20 minutes

🧾️ Download transcript

Summary

Ripple CEO Brad Garlinghouse speaks at Consensus. At CoinDesk's Consensus, Ripple CEO Brad Garlinghouse joins the stage for a wide-ranging conversation on the future of crypto, regulation, and global payments. He breaks down why he believes stablecoins could reach a $3 trillion market cap by 2031 and what's driving that long-term growth. Garlinghouse also discusses the importance of regulatory clarity in the U.S., including the potential impact of the CLARITY Act on the digital asset industry. - Timecodes: 00:00 - Brad Garlinghouse at Consensus Miami 2026 04:21 - Will the CLARITY Act Pass This Year? 06:04 - Why It Matters (and XRP's Existing Legal Clarity) 10:00 - Ripple's M&A Strategy 11:48 - G Treasury: $13T in Payments, Opportunity to Move On-Chain 14:53 - IPO Plans 17:44 - Stablecoins: $3T by 2031 19:01 - XRP News and Highlights

Transcript

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0:00.0

And what they will say is, look, I'm compelled by the technology, but I don't want the next Gary Gensler to change their position.

0:07.0

And Paul Atkins has been incredibly positive, I think, for the United States and certainly for the credibility of the SEC.

0:13.0

But there will be another Paul Atkins after Paul, who we don't know which side of this argument they're going to fall on.

0:20.0

Hopefully, the trend line has moved far enough.

0:22.6

We don't go back no matter what.

0:24.6

But codified into law means you kind of can't go back.

0:32.6

I'm not the only one excited to hear from Brad Garlinghouse. Places filling up.

0:39.3

Huge star in our industry and somebody for whom we can...

0:44.3

But the big news is from you.

0:46.3

No, the big news is going to be from you.

0:48.3

We need another Coindex consensus exclusive.

0:50.3

So I want to go right into it.

0:52.3

By the way, he has liberty to ask me questions as well.

0:55.5

I'm the moderator, but we agreed back. We decided it's going to be a two-way interview.

0:59.0

So Brad, I want to go back, just a bit of an icebreaker. It's actually something I've always wondered.

1:04.0

So for those of you who don't know, Brad had a very successful career, Silicon Valley, was an advisor to Silver Lake. He was well known for

1:12.5

some of his strategic, strategic musings slash antics. And then all of a sudden he takes a job

1:19.1

working for the CEO of this company that nobody's heard of, doing relatively nothing. What is it that

1:26.0

got you to say, I'm going to Ripple in 2015?

1:30.3

Well, I will tell you one quick story on this. Mike Arrington, who's a kind of well-known pundit

1:36.3

as well, and now also kind of in the crypto industry, he said to me when I took the Ripple job,

1:41.3

he said, Brad, in a long list of shitty decisions,

...

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