SINGAPORE – During the recent Apex 2025 conference, Brad Garlinghouse, the CEO of Ripple Labs, shared his optimistic outlook on stablecoins, largely attributed to the successful Circle IPO. Garlinghouse stated:

“Circle IPO’s clearly went very well. That’s a reflection of investor interest in crypto, both institutions and retail. The financial future will be blockchain-based.”

Translation: The recent IPO launch from Circle has signaled strong investor confidence in cryptocurrencies among both institutional and retail investors. Garlinghouse firmly believes the financial future will hinge upon blockchain technologies.

Garlinghouse pointed out that the upsurge in interest surrounding Circle’s IPO is supported by expectations that the GENIUS Act, which is a regulatory bill for stablecoins in the U.S., will pass imminently. This legislation is anticipated to encourage further growth in the stablecoin sector.

As reported by CoinDesk, the GENIUS Act has the potential to clear the Senate quickly, with bipartisan support, and it could become law before Congress takes its break in August.

“Regulatory headwinds have now become tailwinds in the U.S., and that’s beneficial for the global landscape,” Garlinghouse remarked.

Translation: The shift from obstacles to supportive regulations in the U.S. environment bodes well for international progress in the crypto space.

Other regions, including Hong Kong, are also making strides with stablecoin legislation, and South Korea is in the process of crafting its own legislative framework for stablecoins.

Garlinghouse chose not to comment on the possibility of a merger or acquisition between Circle and Ripple. The apex conference will continue in Singapore until Wednesday.