PANews reported on January 6, according to Cointelegraph, that Ripple CEO Brad Garlinghouse disclosed that 75% of the job openings at Ripple Labs are currently in the United States, and that the company has secured more deals and partnerships in the U.S. after the November 2024 elections than in the previous six months.
Garlinghouse attributes these changes to the incoming Trump administration and Trump’s pro-cryptocurrency rhetoric. In a post on X on January 5, Garlinghouse wrote: "The Trump team has been pushing for innovation and job growth in the U.S. under the leadership of Scott Bessent, David Sacks, Paul Atkins, and others – they haven't even taken office yet, say what you want, but the 'Trump effect' has made cryptocurrency great again."