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Ripple CEO Says Trump’s Bull Market is Real, Making Crypto Great Again in the U.S.

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As the dawn of 2025 breaks, the financial landscape is buzzing with optimism, and the cryptocurrency world is no exception. Ripple’s CEO, Brad Garlinghouse, recently took to X to share a celebratory and forward-looking message. With a mix of personal reflection and optimism for the future, Garlinghouse’s post highlights the rejuvenation of Ripple’s U.S. operations, spurred by a shift in the regulatory and political climate under the incoming Trump administration.

The Ripple Revival: A Shift Back to U.S. Operations

For years, Ripple, like many crypto companies, grappled with regulatory challenges in the United States. Under the leadership of former SEC Chair Gary Gensler, Ripple faced a drawn-out legal battle that many in the crypto community saw as emblematic of the broader regulatory hostility towards digital assets. This effectively stifled Ripple’s business opportunities domestically, pushing much of its growth and innovation overseas.

However, Garlinghouse’s recent update signals a remarkable turnaround. According to him, 75% of Ripple’s open roles are now based in the U.S., a stark contrast to the previous four years, when the majority of its hiring occurred abroad, signaling workforce shift

In addition, Ripple is experiencing a significant  shift in business momentum, according to the CEO. Ripple closed more U.S.-based deals in the final six weeks of 2024 (post-election) than in the preceding six months.

This shift is emblematic of a broader trend in the crypto industry, with companies once forced to seek friendlier jurisdictions now eyeing a return to the U.S.

The Trump Effect

Garlinghouse attributes much of this renewed optimism to the political and economic climate fostered by President-elect Donald Trump and his team. Referring to what he dubs the “Trump effect,” Garlinghouse highlights how the campaign’s pro-crypto stance and the transition team’s focus on innovation have already catalyzed change—even before the administration officially assumes office.

Key figures such as Scott Bessent, David Sacks, and Paul Atkins are set to play pivotal roles in shaping policies that promote job growth and innovation. Their collective expertise, combined with the administration’s pro-business approach, has already created a ripple effect (pun intended) across the industry.

A Personal Triumph for Ripple

For Ripple, this moment feels especially vindicating. The company’s ongoing legal battle with the SEC had not only threatened its operations but also cast a shadow over its innovative contributions to the global financial ecosystem.

Now, with a friendlier regulatory environment on the horizon, Ripple is poised to reclaim its position as a leader in blockchain innovation within the U.S., consequently impacting XRP’s market value. 

Broader Implications for the Crypto Market

Garlinghouse’s optimism mirrors a broader sentiment in the crypto community. The so-called “Trump bull market” reflects renewed investor confidence, bolstered by expectations of clearer regulatory frameworks and pro-innovation policies.

The shift is particularly significant for the U.S., which has seen a brain drain in recent years as crypto startups and talent sought refuge in jurisdictions like Singapore, Switzerland, and the UAE. A revitalized U.S. crypto market could signal the beginning of a new era, one where the country reclaims its leadership in the blockchain space.

Brad Garlinghouse’s reflections offer a compelling glimpse into the future of Ripple and the crypto industry at large. With a more supportive regulatory environment and a commitment to fostering innovation, the U.S. is poised to become a hub for blockchain development once again.

As Garlinghouse aptly put it, the optimism is both “obvious and very deserved.” With the Trump administration’s focus on making crypto “great again,” Ripple and the broader industry stand on the brink of a new era—one defined by growth, innovation, and opportunity.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Daily Addaa’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Daily Addaa is not responsible for any financial losses.

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