• 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

Ethereum Mainnet Activity Soars to New Heights Despite Market Challenges

chest

Ethereum's mainnet activity has surged to nearly 3 million daily transactions, reaching an all-time high despite bear market conditions.

user avatarLi Weicheng

Shielded Labs Calls for Urgent Action on Zcash Sustainability

chest

Shielded Labs calls for urgent action from the Zcash community on long-term sustainability changes, emphasizing the need for clarity around future security and emissions to attract investment.

user avatarAisha Farooq

Burnett Discusses AI's Impact on Bitcoin and the Economy

chest

Joe Burnett discusses the impact of AI on the economy and Bitcoin, highlighting how AI-driven deflation may increase demand for Bitcoin as a stable asset.

user avatarBayarjavkhlan Ganbaatar

Joe Burnett Predicts Bitcoin Could Reach $11 Million by 2036

chest

Joe Burnett predicts Bitcoin could reach $11 million by 2036 as a dominant long-duration savings asset.

user avatarTenzin Dorje

South Korea Investigates Rising Cryptocurrency-Related Crimes

chest

South Korean authorities are expanding their investigation into a series of cryptocurrency-related crimes, including attempted murder over Bitcoin disputes.

user avatarMohamed Farouk

Bitcoin Analyst Warns of Market Challenges While Staying Bullish Long-Term

chest

Market analyst Caleb Franzen advises investors to remain strategic amid current Bitcoin market challenges, emphasizing the importance of understanding bear market behavior.

user avatarElias Mukuru

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.