Ripple CEO Brad Garlinghouse is excited about the anticipated "Trump bull market." Despite Trump not yet being in office, Garlinghouse believes his influence is already benefiting Ripple and the US crypto market.
Garlinghouse noted Ripple's increase in US deals post-election, with more in the last six weeks than the previous six months. This surge is linked to optimism about Trump's potentially friendlier crypto policies.
Garlinghouse commented on Ripple's shift, emphasizing that 75% of their job openings are now US-based, differing from previous years. He has also shown strong support for Trump, pledging significant donations to related causes.
Garlinghouse praised Trump's team for already driving innovation and job growth, despite not being officially in office.
Ripple's ongoing legal battle with the SEC over an unregistered securities offering is mentioned, and there's optimism for Ripple with the approval of its RLUSD stablecoin by New York's financial regulator.
There's hope for XRP ETFs with applications already filed with the SEC. Approval could significantly boost XRP's value in the future.
The US focus isn’t exclusive to Ripple. Hive Digital recently moved its headquarters to Texas, motivated by Trump's pro-Bitcoin sentiments.
