According to a report by Cointelegraph, Ripple CEO Brad Garlinghouse revealed that 75% of Ripple Labs' job vacancies are currently in the United States, and the deals and partnerships the company is making in the U.S. after the November 2024 election will be more than in the previous six months.
Garlinghouse attributed 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, led by Scott Bessent, David Sacks, Paul Atkins, and others, has already driven innovation and job growth in the U.S. — they haven’t even taken office yet, call it what you will, but the 'Trump effect' has made cryptocurrency great again.'