Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with Trump at Mar-a-Lago on January 8, announcing the news in a tweet on X. This is seen as Ripple advising Trump on cryptocurrency regulatory policies, following Ripple's legal victory against the U.S. SEC, which determined that XRP is not considered a securities sale. This victory has raised community expectations for XRP's subsequent listing as a spot ETF.
The Ripple CEO stated that with Trump's return to the White House and the bullish market effects associated with Trump, the company is gradually shifting its business focus back to the U.S., creating more job opportunities. He noted that 75% of job openings are in the U.S., reversing the strategy of expanding overseas due to SEC pressure in recent 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 contributed to its impressive price performance, making it one of the best-performing cryptocurrencies by market capitalization recently. XRP even temporarily surpassed USDT to become the third-largest cryptocurrency by market cap, being one of the key concept tokens benefiting from Trump's regulatory relaxation.
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"MICA Daily｜Ripple CEO dines with Trump, is the XRP ETF coming?" This article was first published on (Blockke).
