Algorithmic Ratings & Investment Analysis
©ARIA 2025
by aria-ratings.com
June 11, 2025 at 02:26
US Stablecoin Future Brightens as Ripple's Garlinghouse Celebrates Circle IPO
At the recent XRP Ledger Apex conference in Singapore, Ripple CEO Brad Garlinghouse expressed optimism about the future of stablecoins.
His positive outlook stems notably from the success of Circle's recent initial public offering (IPO).
Garlinghouse noted that Circle's IPO reflects strong investor interest in cryptocurrencies, both from institutional and retail sectors.
He suggested that the enthusiasm may be linked to the anticipated passing of the GENIUS Act, a U.S. stablecoin regulation proposal gaining bipartisan support.
This proposed legislation could facilitate clearer regulation for stablecoins, which Garlinghouse believes is essential for the crypto landscape.
He commented that regulatory challenges are transforming into opportunities, indicating a favorable shift for the market.
Moreover, several international jurisdictions are advancing their own stablecoin legislations, enhancing the global regulatory environment.
However, Garlinghouse did not delve into discussions about a potential merger or acquisition between Ripple and Circle.
With the Apex conference continuing through this week, the cryptocurrency community is keenly watching regulatory progress.
Overall, the developments surrounding Circle’s IPO and U.S. legislative action signal a potentially brighter future for stablecoins in the U.S. market.
On June 13, seven issuers submitted or amended applications for Solana exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC), reflecting rising institutional interest in the cryptocu...
an hour ago
Recent rumors surrounding Tencent's potential acquisition of Nexon have been officially denied by sources close to the Chinese tech giant. Reports had circulated that Tencent was considering purchasing the Sou...
4 hours ago
In a significant announcement, Fidelity has filed for approval of a spot Solana ETF, marking a notable expansion in cryptocurrency investment options. This move indicates Fidelity's commitment to providing inn...
4 hours ago
South Korea's cryptocurrency landscape is currently under scrutiny as analyst Andrew Kang shares his insights on Bitcoin's future. Kang, a partner at Mechanism Capital, believes that a significant correction o...
5 hours ago
In a significant move, India's Central Board of Direct Taxes (CBDT) has initiated investigations into unaccounted income related to cryptocurrencies. This action comes amidst growing concerns over tax evasion ...
Trump Media and Technology Group (TMTG) has received critical approval from the U.S. Securities and Exchange Commission (SEC) for its innovative Bitcoin treasury proposal. This significant move allows TMTG to ...
8 hours ago
As the European Union implements its new Markets in Crypto-Assets (MiCA) regulations, major crypto firms are eagerly seeking licenses to operate within the bloc. Gemini, the crypto exchange founded by the Wink...
Ripple and the SEC have taken a significant step towards resolving their long-standing legal battle by jointly filing a motion to lift a $125 million escrow injunction. This motion seeks approval for $50 milli...
18 hours ago
Tensions escalated dramatically in the crypto world this week as Israel conducted airstrikes on Iran, leading to a severe market sell-off that wiped out over $1 billion in liquidations. Bitcoin experienced a s...
18 hours ago
Coinbase, the largest cryptocurrency exchange in the U.S., is set to launch a new initiative called Coinbase Business, aimed at start-ups and small businesses. This platform will integrate crypto operating acc...
19 hours ago
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access