• 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

WLFI Balances Growth and Regulatory Compliance

chest

WLFI is expanding its lending platform while seeking regulatory approval, balancing innovation with compliance.

user avatarKenji Takahashi

Cronos Shifts Focus to Institutional-Grade Infrastructure

chest

Cronos is shifting focus from retail trading to institutional-grade infrastructure, enhancing its long-term utility.

user avatarKenji Takahashi

Comprehending the Functionality of the Altcoin Season Index.

chest

The Altcoin Season Index quantifies market sentiment by analyzing the performance of top cryptocurrencies against Bitcoin.

user avatarElias Mukuru

Jake Claver Discusses Long-Term Outcomes for XRP Investors

chest

Jake Claver analyzes potential financial outcomes for investors holding 20,000 XRP, emphasizing long-term income generation and discussing various valuation scenarios.

user avatarDiego Alvarez

Robinhood Stock Price Faces Short-Term Decline Ahead of Earnings

chest

Robinhood's stock price has dropped over 10% in the past month, despite strong yearly gains, as it approaches a critical support level.

user avatarMaria Fernandez

Cardano Faces Regulatory Challenges Amid Market Dynamics

chest

Cardano's creator criticizes the current US administration's impact on the crypto industry while institutional interest grows.

user avatarGustavo Mendoza

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.