Brad Garlinghouse highlights Ripple’s remarkable growth in US deals following Donald Trump’s election victory. In just six weeks, the company signed more US agreements than in the prior six months, indicating a positive influence of Trump’s presidency on US-based crypto businesses.
Garlinghouse announced a MAJOR hiring strategy shift at Ripple, with 75% of job positions now in the US. This change comes after facing international hiring challenges under regulatory pressures from the SEC, led by Gary Gensler, which impacted Ripple’s business operations favorably.
Ripple remains entangled in a legal dispute with the SEC concerning XRP’s classification under securities law. Despite court rulings in 2023, the CEO remains optimistic that with anticipated regulatory changes and allies like Paul Atkins, resolution may come in early 2025, potentially impacting the broader crypto market.