According to Deep Tide Techflow, on January 6, Ripple CEO Brad Garlinghouse stated that Trump's lead in the U.S. presidential election polls has propelled the company's business development in the U.S. He pointed out that some U.S. companies are beginning to reconsider partnerships with Ripple due to expectations that the Trump administration may adopt a more favorable policy stance towards cryptocurrencies. Additionally, he revealed that Ripple is currently in cooperation negotiations with several U.S. financial institutions, including several large banks.
According to reports, Ripple has donated $5 million worth of XRP to support Trump's upcoming presidential inauguration. Since Trump's election, the price of XRP has risen over 300%, and the increase in trading volume in the South Korean market has also driven the price fluctuations of XRP and its overall upward trend.