Ripple (CRYPTO: XRP) CEO Brad Garlinghouse predicts the stablecoin market cap to reach $3 trillion by 2031, pointing to the GENIUS Act, the Circle (NASDAQ:CRCL) IPO, and 24/7 payment infrastructure as the key drivers.
Stablecoins Growing Because Payment Rails Can’t Keep Up
Garlinghouse argued at the Coindesk Consensus Conference that the global economy runs 24/7 but traditional payment infrastructure does not.
He pointed to American Airlines making fuel payments in Peruvian sol as a real example, where correspondent banking adds four days and costs that stablecoins eliminate entirely.
Ripple Treasury, formerly G Treasury, processed $13 trillion in payments last year with zero going through stablecoins.
Garlinghouse estimates 30% of that shifts on-chain within five years as corporate treasurers access stablecoin rails through familiar tools.
“I’ll say 2031 will hit …
