Trump’s Election Boosts Ripple’s U.S. Growth and XRP Market Prospects

• Ripple CEO confirms 75% of open roles are now U.S.-based, marking a shift from prior international hiring trends.
• Ripple launched RLUSD stablecoin after Trump’s election, quickly surpassing PYUSD and EURC in 24-hour trading volume.
• Pro-crypto leadership at the SEC under Trump’s administration may resolve Ripple’s legal challenges and boost XRP’s performance.

Ripple CEO Brad Garlinghouse has affirmed the favorable results of Donald Trump’s presidential win on Ripple’s business. In a recent post on X, he shared data on the company’s increased focus on U.S.-based operations and stressed progress since Trump’s election. This shift marks a notable departure from Ripple’s hiring trends over the past four years.

Garlinghouse reported that 75% of Ripple’s open positions are now based in the United States. This is a shift from previous years when most employment was made outside the U.S. According to him, Ripple signed more U.S. business deals in the six weeks following Trump’s election than in the foregoing six months. These growths align with the broader pro-crypto sentiment within the Trump administration, which appears to have fostered innovation and growth in the U.S. crypto sector.

The Trump administration, led by figures such as Scott Bessent, David Sacks, and Paul Atkins, has reportedly accelerated crypto adoption. Garlinghouse noted that these individuals have prioritized blockchain innovation and job creation. This aligns with the administration’s support for policies that appear to promote the development of cryptocurrency and blockchain industries.

Ripple introduced the RLUSD stablecoin shortly after Trump’s electoral victory. The stablecoin quickly gained traction, surpassing PYUSD and EURC in 24-hour trading volumes. This achievement demonstrates Ripple’s ability to capitalize on the evolving regulatory landscape and increased market enthusiasm under the new administration.

Garlinghouse pointed to the prospect of significant changes at the U.S. Securities and Exchange Commission (SEC). With pro-crypto advocate Paul Atkins expected to lead the SEC, Ripple’s long-standing legal challenges could be addressed. This development has generated optimism within the crypto community, especially regarding XRP’s market performance.