Brad Garlinghouse, CEO of Ripple 
$1, announced that 75% of the company’s job openings are now located in the United States. He attributed this shift to the re-election of Donald Trump, stating, “Regardless of your thoughts, the ‘Trump effect’ is revitalizing the cryptocurrency sector.”
Ripple Signs More Deals in the USA
Garlinghouse noted that for the past four years, most of Ripple’s hiring occurred outside the U.S. The primary reason for this was the near halt of job opportunities in the U.S. during the tenure of former SEC Chair Gary Gensler. However, positive expectations under the Trump administration have reversed this trend. “This is a personal matter for Ripple. The SEC under Gensler froze our operations for years. But now we are growing again in the U.S.,” he added.
He further pointed out that Ripple has signed more deals in the last six weeks of 2024 compared to the previous six months, indicating enhanced activity in the U.S. market.
Trump’s Crypto Plans Revitalize the Sector
Trump’s re-election has brought about a prolonged surge in the cryptocurrency market. Major cryptocurrencies like Bitcoin (BTC) 
$76,042 and XRP have seen significant value increases, with XRP rising approximately 330% from $0.55 to $2.41. Trump had promised to make the U.S. the “capital of cryptocurrency,” outlining goals for a national crypto reserve and ensuring all Bitcoin mining occurs domestically.
On the other hand, former BitMEX CEO Arthur Hayes believes these changes may not be feasible within the required timeframe, warning that it could lead to a sharp sell-off in the cryptocurrency market.
While there are high expectations from the Trump administration in the sector, experts emphasize that policies may yield results in the long term. Nonetheless, this represents a new beginning filled with opportunities for Ripple and other cryptocurrency companies.
