Ripple pivots to US hires amid crypto-friendly Donald Trump optimism

Ripple has shifted its focus back to the United States after Donald Trump‘s election victory in November 2024 sparked market-wide optimism.

On Jan. 5, Ripple CEO Brad Garlinghouse highlighted this strategic pivot, revealing that three-quarters (75%) of the company’s active job listings are now based in the United States. This move marks a significant shift after years of focusing on international recruitment due to regulatory hurdles at home.

He added:

“75% of Ripple’s open roles are now US-based, while over the last 4 years, the vast majority of hires were outside the US.”

Garlinghouse continued that Ripple signed more US-based deals in the last six weeks of 2024 than in the preceding six months, underscoring a significant turnaround in its fortunes sparked by Trump’s victory.

Garlinghouse stated:

“2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler’s SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.”

Trump effect

Garlinghouse expressed enthusiasm for Trump’s incoming administration’s anticipated pro-crypto stance.

He noted that the president-elect has already appointed several crypto-friendly figures, including Scott Bessent, David Sacks, and Paul Atkins, to key positions. According to Garlinghouse, these appointments signal a strong commitment to fostering innovation and job creation in the US even before Trump officially takes office.

Notably, the broader crypto community shares this optimism and anticipates a departure from the enforcement-heavy strategies of previous years. Many believe the Trump administration will provide a clear regulatory framework that would enable companies to thrive in a crypto-friendly environment.

Moreover, Garlinghouse has also highlighted the significance of the newly seated 119th Congress, calling it the most pro-crypto legislature in US history. He emphasized the energy and excitement building across the sector, signaling that this could be a transformative era for blockchain and crypto in the United States.

The post Ripple pivots to US hires amid crypto-friendly Donald Trump optimism appeared first on CryptoSlate.

  • Related Posts

    Banning Tether is a threat to national monetary security

    The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin…

    Continue reading
    Donald Trump cabinet’s Bitcoin investments raise ethics alarms in pro-crypto era

    Several members of Donald Trump’s cabinet have significant Bitcoin holdings, with their combined investments valued in the millions, according to their financial disclosure reports. These disclosures show that cabinet members…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Banning Tether is a threat to national monetary security

    Banning Tether is a threat to national monetary security

    CZ says Trump not seeking to invest in Binance US, denying another WSJ story

    CZ says Trump not seeking to invest in Binance US, denying another WSJ story

    Donald Trump cabinet’s Bitcoin investments raise ethics alarms in pro-crypto era

    Donald Trump cabinet’s Bitcoin investments raise ethics alarms in pro-crypto era

    FTX and Alameda unstake $23 million worth of Solana amid efforts to settle creditor debts

    FTX and Alameda unstake $23 million worth of Solana amid efforts to settle creditor debts

    Bitcoin shows relative strength as dollar plummets erasing election gains

    Bitcoin shows relative strength as dollar plummets erasing election gains

    Argentine lawyer seeks Interpol Red Notice for Hayden Davis over Libra token scandal

    Argentine lawyer seeks Interpol Red Notice for Hayden Davis over Libra token scandal