During an exclusive interview with Fox News, Ripple CEO Brad Garlinghouse discussed the current momentum in the cryptocurrency market and urged American regulators to proactively manage the industry. Garlinghouse emphasized the importance of regulatory clarity and shared his positive outlook on the potential doubling of cryptocurrency market size by the conclusion of 2024. Noting recent fluctuations in cryptocurrency prices, Garlinghouse highlighted overall growth, particularly Bitcoin's 250% increase over the past six months. He attributed this growth to factors like the approval of cryptocurrency ETFs and the upcoming Bitcoin halving event. Addressing regulatory concerns, Garlinghouse expressed worries about the US falling behind in cryptocurrency innovation compared to other nations. He criticized certain US policymakers and regulators for their anti-crypto stance, specifically mentioning Senator Elizabeth Warren's negative comments about crypto users. On Ripple's future strategies, Garlinghouse confirmed plans to launch a stablecoin backed by the US dollar later in the year. This initiative aims to connect traditional finance with cryptocurrency, underscoring Ripple's role in supporting global financial institutions.