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Market News

Ripple CEO Applauds Trump’s Impact on US Crypto Growth

Garlinghouse attributed this renewed energy to the influence of the Trump campaign and the anticipation of his administration’s pro-crypto stance.

Written By:
Dishita Malvania

Reviewed By:
Vaibhav Jha

Last updated: January 6, 2025 10:44 AM
Published 2025-01-05
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Last updated: January 6, 2025 10:44 AM
Published 2025-01-05
Ripple CEO Applauds Trump’s Impact on US Crypto Growth

Ripple CEO Brad Garlinghouse took to Twitter to share his optimism about the state of cryptocurrency and Ripple’s trajectory in 2025, attributing the surge in momentum to what he calls the “Trump bull market.” 

Garlinghouse noted that Ripple’s growth feels personal, especially after years of regulatory hurdles under SEC Chair Gary Gensler, which he claims stifled the company’s opportunities within the United States.

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.

Today:
✅75% of Ripple’s open roles are now US-based, while…

— Brad Garlinghouse (@bgarlinghouse) January 5, 2025

Highlighting a shift, Garlinghouse revealed that 75% of Ripple’s current job openings are US-based, a stark contrast to the past four years when most hires were made internationally. The company also experienced a boom in US deals, signing more agreements in the last six weeks of 2024—following the US presidential election—than in the preceding six months.

Garlinghouse attributed this renewed energy to the influence of the Trump campaign and the anticipation of his administration’s pro-crypto stance. He specifically praised figures like Scott Bessent, David Sacks, and Paul Atkins, suggesting their leadership is already sparking innovation and job growth, even before officially taking office.

“The ‘Trump effect’ is already making crypto great again,” Garlinghouse stated, reflecting widespread optimism within the industry about a more supportive regulatory environment for blockchain and cryptocurrency under the new administration.

Also Read: Jeremy Hogan Says SEC vs Ripple Case May Settle by May 2025

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Vaibhav Jha - Former Editor In The Crypto Times
By Vaibhav Jha
Vaibhav Jha is an Editor and Content Head at The Crypto Times. He comes on board with a vast array of experience working as a journalist for leading national and international English newspapers. He has a penchant for research and storytelling is his forte. When not working, Vaibhav can be found watching Hindi classic movies or listening to 90's music.

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