Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with Trump at Mar-a-Lago on January 8 and announced this news in a tweet on X. This meeting is seen as Ripple advising Trump on cryptocurrency regulatory policies, following Ripple's legal victory against the U.S. SEC, where XRP was not deemed a securities sale. This victory has raised community expectations for XRP's subsequent listing as a spot ETF.
Ripple's CEO stated that with Trump's return to the White House and the bullish market effects brought by Trump-themed narratives, the company is gradually shifting its business focus back to the United States, creating more job opportunities. He pointed out that 75% of the job openings are in the domestic U.S., contrary to the strategy of expanding overseas markets due to SEC pressure in previous years.
At the same time, Ripple has also discussed with political and blockchain leaders such as Senator Cynthia Lummis and future SEC Chairman Paul Atkins how to reform the regulatory framework to support digital asset innovation. Its strong government relations have also contributed to its impressive price performance, making it one of the best-performing cryptocurrencies in terms of market capitalization recently. XRP even briefly surpassed USDT to become the third-largest cryptocurrency by market capitalization, and it is one of the key concept tokens for Trump's deregulation.
