Overview
- Brad Garlinghouse told CNBC at the World Economic Forum that he is “very bullish” and expects the crypto market to set new all‑time highs in 2026.
- He pointed to the GENIUS Act’s full‑reserve and audit requirements for stablecoins as a key driver that has “unlocked a lot of activity,” saying interest from major financial institutions is not yet priced in.
- Bitcoin trades well below its October 2025 peak of about $126,000 at roughly $89,000, while XRP sits around $1.9 after a pullback from last year’s record.
- Garlinghouse expressed confidence the U.S. market‑structure bill known as the CLARITY Act will pass, even after Coinbase withdrew support and a planned markup was postponed.
- He also flagged accelerating institutional initiatives, highlighting the NYSE’s work on 24/7 tokenized‑securities trading and predicting Binance will attempt a U.S. return.