Ripple (XRP) is leaning heavily into the US market, with CEO Brad Garlinghouse announcing that 75% of its open roles are now local.
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Since 2020, it has ruined my life. But that’s the point, where you’ll be talking to other XRP holders!
Meanwhile, after years of hedging abroad to avoid regulatory pressure in the US, the company’s pivot signals a recalibration for a warmer reception for cryptocurrencies at home. The positions in cities like New York and San Francisco — 31 in total — support Ripple’s push for growth in what could be a pivotal year for the industry.
Brad Garlinghouse talks about returning to a focus on employment in the US
Ripple has faced domestic friction for years, especially during its legal battle with the US Securities and Exchange Commission (SEC).
Since the SEC’s lawsuit against Ripple in 2020, the company has considered moving its headquarters outside the United States. At one point, Garlinghouse admitted that 95% of Ripple’s customers were international. In 2022, Ripple acted as if it had already lost the US market, focusing most of its recruiting efforts abroad.
However, recent developments have changed the rules of the game. SEC Chairman Gary Gensler’s confirmation of his resignation has paved the way for potential regulatory reform.
Garlinghouse attributed the return of Ripple’s employment in the United States to the incoming Trump administration, which advocated more pro-cryptocurrency policies.
“The Trump team has already begun to stimulate innovation and job growth in the United States with Scott Besent, David Sachs, Paul Atkins, and others at the helm — and they’re not even in office yet!” Garlinghouse wrote in a recent X post.
Trump vs. XRP: Will Kamala support Dent Labs Ripple?
The Trump administration’s optimism about cryptocurrencies is spreading across the industry. Even though the XRP development team backed Kamala Harris for President (traitors!…just kidding), developers and investors see the potential for a freer, more innovation-friendly era to emerge.
Ripple, keen to plant stronger roots in its homeland, has strengthened its operations in the United States by hiring new engineers, betting on proper regulation.
Ripple’s shift to hiring in the US sends a clear signal that confidence in the country’s emerging blockchain scene is on the rise. With deregulation and crypto-friendly policies on the horizon, new opportunities are opening up to attract institutional cash and tech talent back home.
But it’s not all clear skies. Criticisms of the reliability of the new XRP stablecoin remain, posing potential barriers to its wider adoption if left unchecked.
The jury is still out on whether XRPL can become a successful stablecoin. However, it highlights that whenever you mention anything that goes against the cult’s mantra, people immediately start fuming at the mouth, and refuse to reveal anything truthful. Marrying your bags shouldn’t stop you from wanting the truth.
XRPL’s “no slope” principle has been one of the main reasons why banks use it. If it decreases, it should be a serious cause for concern.
A bright future for cryptocurrencies in 2025
Ripple is booming in the US, while Bitcoin is gaining momentum from institutional players eyeing big returns.
The stage is set for America to regain its position as a blockchain powerhouse. It appears that Garlinghouse is ready to make Ripple a central player in the game.
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