• 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

Skeptics Challenge Bitcoin's Stability as Price Falls

chest

Skeptics argue that Bitcoin is more vulnerable during market stress, while Saylor defends its long-term value.

user avatarAisha Farooq

SUI Netflows Indicate Changing Liquidity Behavior Amidst Price Decline

chest

SUI's exchange netflows show persistent outflows throughout the year, indicating weakening demand during downtrends and leading to market fatigue as the price declines.

user avatarTenzin Dorje

SUI Trades Near Lower Channel Boundary Amidst Slowing Downside Momentum

chest

SUI is currently trading near its lower channel boundary, indicating a potential short-term reaction despite long-term pressure.

user avatarBayarjavkhlan Ganbaatar

Americans Delay Smartphone Upgrades, Impacting Economy

chest

A growing trend among Americans to hold onto their smartphones longer is affecting workplace performance and national productivity.

user avatarMohamed Farouk

GeeFi Develops Platform to Simplify Crypto Spending

chest

GeeFi is developing a platform to simplify the process of spending cryptocurrencies in everyday transactions.

user avatarElias Mukuru

BitMine Immersion Technologies Faces $37B Loss in Ethereum Holdings

chest

BitMine Immersion Technologies is facing significant unrealized losses of $37 billion due to a decline in Ethereum's market price, raising concerns among stakeholders.

user avatarKenji Takahashi

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.