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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

New Study Emphasizes the Significance of Primary Source Documentation.

chest

The report highlights the importance of primary source documentation for providing accurate and reliable information.

user avatarLi Weicheng

Cumulative Inflows into US Spot Solana ETFs Reach $116 Billion

chest

Cumulative inflows into US spot Solana ETFs have surpassed $116 billion, indicating growing institutional interest in the token.

user avatarTenzin Dorje

Binance to Remove Seven Spot Trading Pairs on August 21

chest

Binance has announced the removal of seven spot trading pairs on August 21 at 0300 UTC, including SUIBNB and LTCBNB, as part of its market optimization process.

user avatarAisha Farooq

HYPE Token Briefly Surpasses Dogecoin in Market Capitalization

chest

On August 20, Hyperliquids HYPE token briefly surpassed Dogecoin in market capitalization, highlighting a significant valuation shift.

user avatarBayarjavkhlan Ganbaatar

Cardano Foundation Unveils Dijkstra Proposal to Enhance Smart Contract Efficiency

chest

The Cardano Foundation has published a draft of the Dijkstra proposal to enhance smart contract execution and compute efficiency.

user avatarMohamed Farouk

XRP Reclaims 110 Level Amid Broader Crypto Strength

chest

XRP surged 11% intraday to reclaim the 110 level, signaling a short-term win for bulls after weeks of volatile trading.

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.