Ripple pivots to US hires amid crypto-friendly Donald Trump optimism Ripple pivots to US hires amid crypto-friendly Donald Trump optimism
Ripple signed more US deals in six weeks than in the previous six months, highlighting Trump's market optimism.
2 min read
Updated: Jan. 6, 2025 at 10:38 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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Ripple
Ripple is a US-based technology company which develops the Ripple payment protocol and exchange network using XRP, the digital asset native to the XRP Ledger.
Donald John Trump was born on June 14, 1946, in Queens, New York City.
Brad Garlinghouse stands at the forefront of financial technology as the CEO of Ripple.
Paul Atkins is a prominent lobbyist, business leader, and former government official with extensive experience in financial regulation.
