- Ripple has doubled its U.S. hiring compared to 2023, expanding offices in key cities.
- 75% of Ripple’s current job openings are U.S.-based, a significant shift from recent years.
Ripple has intensified its U.S. hiring efforts, crediting a favorable shift in the crypto regulatory climate under President-elect Donald Trump. The company has doubled its U.S. hiring compared to 2023, expanding into larger offices in cities like San Francisco and New York.
2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.
— Brad Garlinghouse (@bgarlinghouse) January 5, 2025
Today:
✅75% of Ripple’s open roles are now US-based, while…
Ripple CEO Brad Garlinghouse revealed that 75% of the company’s job openings are now U.S.-based. This marks a major shift from the last four years, when Ripple’s hiring focus was primarily international. Garlinghouse stated that Ripple closed more U.S. deals in the last six weeks of 2024 than in the previous six months.
Garlinghouse attributed this change to Trump’s pro-crypto stance. He highlighted Trump’s proposals, including plans for a U.S. Bitcoin reserve, as key factors driving industry optimism. He added that Ripple’s progress feels personal after years of regulatory challenges under SEC Chair Gary Gensler.
Ripple’s Revival
Ripple faced significant disruptions due to the SEC lawsuit filed in 2020. The lawsuit accused Ripple of selling XRP as an unregistered security. Under Gensler’s leadership, Ripple struggled with delistings and lost opportunities in the U.S. market.
Trump’s reelection has boosted the crypto market, with Bitcoin reaching new highs. Trump’s campaign emphasized deregulation, tax cuts, and support for blockchain innovation. These policies have renewed confidence among investors and companies like Ripple.
Garlinghouse also praised Trump’s pro-crypto allies, including Scott Bessent and David Sacks. He noted their contributions to fostering innovation and job growth even before the new administration takes office. Ripple now views the U.S. as the potential crypto capital of the world.
The crypto industry anticipates a more favorable environment under Trump’s administration. Other companies, such as Hive Digital, are relocating to the U.S., and financial giants like Morgan Stanley are considering adding crypto trading. Analysts believe these shifts will further strengthen the crypto sector in the coming years.
Highlighted Crypto News Today
Vitalik Buterin Suggests AI Safety Regulation Strategies in Latest Article
