Ripple CEO Brad Garlinghouse Has Dinner with President Trump, Bullish for XRP?
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Ripple, the global payments technology company, is gearing up to go big in the United States—big time. In a notable pivot from its earlier international hiring binge, the San Francisco-based firm has revealed that a whopping 75% of its new job listings are now aimed at U.S. recruits. And President Trump hosted Ripple CEO Brad Garlinghouse for Dinner. This is good news for XRP holders and a stark contrast to just a few years back, when Ripple was so fed up with domestic regulatory hurdles it nearly packed its bags for friendlier shores. Why the Sudden Shift? The catalyst, according to the company, is the “Trump effect.” Ripple’s CEO, Brad Garlinghouse, used that very phrase in a recent social media post on X, citing the incoming administration of former President Donald Trump—who is set to be inaugurated again on January 20, 2025—as a game-changer for the crypto industry. Garlinghouse posted a photo of himself grabbing dinner with Trump and Ripple’s Chief Legal Officer, Stuart Alderoty, telling followers that “Team Trump is already jumpstarting innovation and job growth in the US.” Ripple CEO Brad Garlinghouse at dinner with President Trump, Source: X There’s growing chatter in crypto circles that his new administration will lean heavily pro-blockchain, loosening regulations and revisiting the approach taken by former SEC Chair Gary Gensler—an approach Garlinghouse claims “effectively froze” Ripple’s U.S. expansion for years. Ripple’s Roadmap So, what are these new U.S.-based positions that have everyone buzzing? They’re mostly in engineering and product development—high-stakes roles that indicate Ripple isn’t just dabbling in incremental hires but is betting on large-scale innovation in its home market. This is a sharp 180° from the days when the company mulled shifting its entire global headquarters abroad to escape the SEC’s looming hammer. In fact, at the peak of its overseas…
Filed under: News - @ January 8, 2025 2:21 am