Ripple CEO Basks in Trump’s 2025 Crypto Boom, Plans US Expansion
Key Takeaways
- Ripple CEO Brad Garlinghouse is bullish on Donald Trump.
- Garlinghouse revealed that 75% of Ripple’s open positions are now based in the U.S.
- The Ripple chief sees new opportunities under the incoming administration.
Ripple CEO Brad Garlinghouse is confident that the incoming Donald Trump administration will open new doors for his company, especially in the U.S. crypto market.
After a challenging legal battle with the Securities and Exchange Commission (SEC) , Garlinghouse sees a shift in momentum under Trump’s pro-crypto stance, anticipating a rebound in business opportunities and a potential bull market for the crypto industry.
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Ripple Focuses on U.S. Expansion
In a recent post on X, Garlinghouse shared that Ripple is actively reorienting its business strategy to focus on the U.S. market.
While much of the company’s hiring over the past four years was based outside the U.S. due to the SEC lawsuit, Garlinghouse revealed that 75% of Ripple’s open positions are now U.S.-based.
This shift comes just as Trump prepares to take office, and Garlinghouse highlighted what he called the “Trump effect.”
He pointed out that Ripple signed more U.S. deals in the last six weeks of 2024 than in the previous six months, a trend he attributed to the optimism surrounding Trump’s pro-business policies.
“We signed more U.S. deals in the last six weeks of 2024 (since the election) than the previous six months,” Garlinghouse said.
Ripple’s Legal Battle and Its Impact
The SEC lawsuit , filed in 2020, had a significant impact on Ripple’s business in the U.S. Major exchanges delisted XRP, and the company lost key partnerships as many companies distanced themselves from Ripple due to the uncertainty surrounding the lawsuit.
As a result, Ripple was forced to shift more than 90% of its operations abroad.
Now, with Trump set to take office, Garlinghouse believes that the U.S. market offers new opportunities for Ripple, which could be instrumental in the company’s future growth.
Trump’s Pro-Crypto Stance
Garlinghouse has long been vocal about his support for Trump’s pro-crypto policies .
He praised Trump for appointing pro-crypto executives to key positions within his administration , which is in sharp contrast to President Joe Biden.
Under Biden, the crypto industry faced increased scrutiny, with agencies like the SEC taking a regulation-by-enforcement approach rather than offering clear guidelines for the industry.
As a result of Trump’s nominations, Garlinghouse predicts continued growth for the crypto market.
“Team Trump is already jumpstarting innovation and job growth in the U.S.,” Garlinghouse noted. “Say what you want, but the ‘Trump effect’ is already making crypto great again – through his campaign, and in the Administration’s day 1 priorities.”
Ripple’s Political Investment
Like many in the crypto space, Ripple has h eavily invested in supporting pro-crypto candidates , contributing millions of dollars in campaign funding.
Garlinghouse himself personally donated millions to back candidates who advocate for favorable crypto policies, betting that the incoming administration will create a more conducive environment for Ripple’s operations in the U.S.
As Ripple turns its focus back to the U.S. market, Garlinghouse’s optimism underscores the potential for a more crypto-friendly regulatory landscape under Trump’s leadership—a shift he believes could significantly benefit not only Ripple but the entire crypto industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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