• 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

Korbit Faces 273 Billion Won Fine for AML Violations

chest

Korbit, a leading South Korean cryptocurrency exchange, has been fined 273 billion won for failing to comply with Anti-Money Laundering regulations.

user avatarMaya Lundqvist

Emergence of Remittix as a Key Player in Crypto Payments

chest

Emergence of Remittix as a Key Player in Crypto Payments

user avatarLeo van der Veen

US Treasury Unveils $200 Billion MBS Support Plan

chest

The US Treasury has announced a new mortgage-backed securities purchase program to stabilize mortgage rates and improve housing affordability.

user avatarLi Weicheng

Ethereum Forms Symmetrical Triangle as Market Sentiment Remains Cautious

chest

A symmetrical triangle is forming in Ethereum's price action, indicating potential volatility as buyers and sellers are in a standoff.

user avatarAisha Farooq

Blockchain Technology Revolutionizes Medical Data Exchange

chest

Blockchain technology improves medical data exchange by addressing privacy concerns and data silos through decentralization and transparency.

user avatarMaria Fernandez

DataHippo DApp Enhances Medical Research Collaboration

chest

The agreement between Hippo Protocol and the Chinese University of Hong Kong establishes a framework for blockchain-facilitated data sharing, providing a proof of concept for decentralized medical data ecosystems.

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.