• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple focuses on the U.S.: CEO reports 75% of jobs based domestically

user avatar

by Giorgi Kostiuk

a year ago

Following Donald Trump's election, Ripple CEO Brad Garlinghouse announced changes in the company’s strategy, including a greater focus on U.S. operations and the launch of the new RLUSD stablecoin.

Ripple's new hiring strategy

Brad Garlinghouse confirmed that post-election, 75% of Ripple’s job openings are now in the U.S. This marks a shift from Ripple’s previous trend of focusing on international hires.

Launch and success of RLUSD

Soon after Trump's victory, Ripple launched the RLUSD stablecoin. It quickly gained traction, surpassing PYUSD and EURC in 24-hour trading volumes.

Anticipated changes at the SEC

Garlinghouse expressed optimism about potential changes at the U.S. Securities and Exchange Commission (SEC) that could affect Ripple. Pro-crypto advocate Paul Atkins is expected to take a leadership role, possibly easing Ripple's longstanding legal issues.

The election of Donald Trump has led to significant strategic changes at Ripple. The company has increased its focus on the U.S. market, successfully launched the RLUSD, and is anticipating positive changes at the SEC.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Dominance Falls Below Key Technical Levels, Igniting Altcoin Speculation

chest

Bitcoin Dominance has dropped below key technical levels, sparking speculation about an altcoin surge.

user avatarDavid Robinson

Uniswap Faces Market Volatility Due to Whale Selloffs

chest

Uniswap is experiencing significant market volatility due to large whale selloffs, leading to sharp price retracements.

user avatarAndrew Smith

Malaysian Authorities Intensify Crackdown on Illegal Crypto Mining Operations

chest

Malaysian authorities arrested seven individuals for illegal Bitcoin operations linked to electricity theft, seizing 52 mining rigs and related equipment.

user avatarJacob Williams

Malaysia Faces Over RM1 Billion Losses Due to Electricity Theft Linked to Crypto Mining

chest

Tenaga Nasional Bhd reports over RM1 billion losses due to electricity theft linked to cryptocurrency mining, with nearly 14,000 illegal power taps identified since 2020.

user avatarZainab Kamara

The Transition from ESG Narrative to Financial Reality

chest

The transition from ESG goals driven by reporting frameworks to tokenized carbon credits is underway, introducing liquidity and financial optionality in financial markets.

user avatarAyman Ben Youssef

Richard Sandor Advocates for Carbon's Transition to Digital Asset Class

chest

Richard Sandor discusses the evolution of carbon markets from regulatory tools to digital assets at the Caixin Summit ESG Forum.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.