Ripple’s Garlinghouse says Circle’s IPO could mark the beginning of U.S. stablecoin regulatory measures.

Ripple CEO Brad Garlinghouse Cites Circle IPO as Evidence of Positive Regulatory Trends for Stablecoins

SINGAPORE — Speaking at the Apex 2025 event, Ripple Labs’ Brad Garlinghouse expressed optimism for the stablecoin market, highlighting Circle’s successful IPO as a reflection of increasing confidence from both institutional and retail investors.

“Circle’s IPO success sends a clear message: blockchain-based finance is gaining serious traction,” Garlinghouse remarked at the XRPL-focused conference. “We’re seeing a financial future built on this technology.”

He pointed out that regulatory sentiment in the U.S. is evolving positively. “The regulatory environment is shifting from headwinds to tailwinds, which is crucial for global adoption. Our call is for clear, sensible regulation rather than deregulation, and we’re witnessing tangible advancements.”

Garlinghouse also noted stablecoin regulations advancing in other regions like Hong Kong, and ongoing efforts in South Korea.

When pressed about any Ripple-Circle deal, he declined to comment.

The Apex 2025 conference will continue until Thursday in Singapore.

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