Ripple CEO Brad Garlinghouse said during a fireside chat at Blockchain Week in Korea that the company will launch its new stablecoin in "weeks, not months." Garlinghouse also criticized Gary Gensler, chairperson of the Securities Exchange Commission, for his approach to cryptocurrencies, calling OpenSea's experience "regrettable." The CEO of Ripple says he is more "optimistic" than ever about the development of cryptocurrencies over the next five years.