• 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

Bank of America Reinstates Buy Rating for Oracle Stock

chest

On March 24, Bank of America analyst Tal Liani reinstated a Buy rating for Oracle stock with a price target of $200, indicating a potential upside of 30%.

user avatarMaria Fernandez

Regulatory Measures Intensify as South Korea Targets Crypto Outflows

chest

South Korean authorities are intensifying regulatory measures to combat illegal overseas crypto transactions and prevent capital flight, including new cooperation agreements and an AI-driven monitoring system.

user avatarRajesh Kumar

South Korea Sees Massive Crypto Outflows Amid Regulatory Crackdown

chest

South Korea's Financial Services Commission reports significant outflows of crypto assets to overseas exchanges amidst increased regulatory scrutiny.

user avatarGustavo Mendoza

Ireland's Criminal Assets Bureau Seizes 500 BTC from Convicted Drug Dealer's Wallets

chest

Ireland's Criminal Assets Bureau has accessed a Bitcoin wallet containing approximately 500 BTC, valued at around 34 million euros, marking a significant breakthrough in recovering assets from a convicted drug dealer.

user avatarMiguel Rodriguez

Hostplus Pension Fund Considers Bitcoin Investment Options

chest

Hostplus, a major Australian pension fund, is exploring the possibility of offering Bitcoin and other digital assets to its members due to high demand.

user avatarLuis Flores

Iran Permits Nonhostile Ships in Strait of Hormuz, Bitcoin Surges

chest

Iran has announced that nonhostile ships can now pass through the Strait of Hormuz, leading to a surge in Bitcoin prices above $70,000.

user avatarArif Mukhtar

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.