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The Trump effect continues to ferment! Ripple CEO said that 75% of the vacancies are in the United States: the Trump bull market has become a certainty
Payment company Ripple Labs and its CEO Brad Garlinghouse pointed out in a tweet this morning (6) that the 'Trump effect' brought about by the new government is fermenting, the Bull Market has become a certainty, and the company currently has over 75% of its vacant positions in the United States, seemingly ready to expand its business.
(Arthur Hayes: What is the truth about Trump? Where to lay out in advance on which assets)
Ripple sets its sights on the United States, opening up a large number of job vacancies
Garlinghouse tweeted that the US Securities and Exchange Commission (SEC) led by Gensler has stifled domestic crypto business opportunities in the United States in recent years, and now the market sentiment is clearly optimistic.
He revealed that since the November 2024 election, Ripple Labs has signed more transactions and collaborations with American companies than in the past six months. Currently, 75% of the company's job vacancies are in the United States, while the majority of its employees used to be from overseas.
Garlinghouse emphasizes that Trump's team, including Scott Bessent, who is about to become Secretary of the Treasury, David Sacks, the AI encryption czar of the White House, and Paul Atkins, Chairman of the SEC, is clearly promoting innovation and job growth in the United States:
However you say it, the 'Trump effect' has made cryptocurrencies strong again through his campaign and continued release of key policies!
It's not difficult to see from the recruitment content on the Ripple official website that the company does have over 30 job locations in California and New York, including positions for engineers and related supervisors in finance, compliance, custody, and payments.
Cryptocurrency companies are happy to see its success
With the upcoming inauguration of the new US leader, crypto-related companies, developers, and investors are optimistic that the regulatory environment will be more relaxed and friendly compared to before, maximizing the potential for the development of the crypto industry.
Just last month, the mining machine manufacturer Bitmain announced plans to expand its production line in the United States, seemingly due to Trump's energy policy.
Meanwhile, asset management giants Morgan Stanley and investment bank Goldman Sachs have also expressed optimism about the future of cryptocurrencies. The former intends to incorporate cryptocurrency trading into its brokerage platform E-Trade, while the latter is considering participating in spot trading of Bitcoin and Ethereum.
(Morgan Stanley is expected to include cryptocurrency trading in its E-Trade brokerage, with the Trump phenomenon as the main reason for the plan)
Ripple's business expansion and price rebound
On the other hand, the business promotion of Ripple and the rebound of its token $XRP undoubtedly attracted the attention of the cryptocurrency market.
Specifically, this includes its decentralized cross-border payment solution RippleNet, digital asset custody service Ripple Custody for fintech companies, and the recently approved stablecoin RLUSD by the New York Department of Financial Services (NYDFS).
(Ripple Stablecoin RLUSD officially listed!)
This article, Trump Effect Continues to Ferment! Ripple CEO Claims 75% of Job Vacancies Are in the United States: Trump Bull Market Has Become a Fixed Trend, First Appeared in Chain News ABMedia.