Ripple CEO Credits Trump Administration for U.S. Crypto Revival

Brad Garlinghouse highlights increased U.S. hiring and business deals as optimism grows under the pro-crypto policies of President-elect Donald Trump.

Ripple CEO Brad Garlinghouse reports a surge in U.S.-based hiring, with 75% of new roles now located domestically compared to prior years of international focus.
More U.S. business contracts were signed in the six weeks following the 2024 election than in the previous six months, signaling a shift in market confidence.
Garlinghouse attributes the changes to Trump’s pro-crypto stance, including appointments of key crypto-friendly figures like David Sacks and Paul Atkins to advisory and regulatory roles.
Ripple and other crypto firms invested heavily in political campaigns during 2024, reportedly contributing $135 million to support candidates favoring industry-friendly policies.
XRP, Ripple's cryptocurrency, has seen significant growth since Trump’s election, with its price up over 300% amid increased optimism about U.S.-based crypto innovation.