Golden Finance reported that Brad Garlinghouse, CEO of Ripple, said in a fireside chat at the Korea Blockchain Week that the company will launch its new stablecoin "in weeks, not months." Garlinghouse also criticized the attitude of Gary Gensler, chairman of the U.S. Securities and Exchange Commission, towards cryptocurrencies, calling OpenSea's experience "unfortunate." Ripple's CEO said he is more "optimistic" than ever about the development of cryptocurrencies in the next five years.