
Trump shares Ripple-related content, fueling XRP hype as U.S. deals surge. CEO Garlinghouse calls it the โTrump Effect.โ
Ripple expands in the U.S. post-2024 election, with 75% of new hires stateside. Trumpโs influence sparks market excitement.
President Donald Trump
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President recently sparked interest in the crypto world by sharing content on Truth Social about Ripple Labs and its cryptocurrency, XRP. His posts mention a “Trump effect” that appears to be guiding Ripple’s increased focus on the U.S. market, potentially driving up XRP’s value. This has generated excitement among market participants, especially in the XRP community.
The article, titled “Ripple’s Garlinghouse Touts โTrump Effectโ Amid Bump in U.S. Deals,” discusses how Ripple, the company behind the cryptocurrency XRP, has seen a boost in its business opportunities in the U.S. since the 2024 election. It also includes insights from Ripple CEO brad garlinghouse
brad garlinghouse Brad Garlinghouse is an American businessman and a major crypto influencer. He is the CEO of Ripple Labs, which offers cryptocurrency and blockchain solutions. Brad has also worked at Hightail, AOL, and Yahoo in prominent positions. Ripple Labs has backed several blockchain startups and investors to grow decentralized finance. Brad sees crypto as a tool for financial freedom and has worked with other influencers in this regard.
Quick Facts Full Name Bradley Kent Garlinghouse Birth 06-02-1971, in Topeka, Kansas Nationality American Education Bachelor's degree in Economics, MBA from Harvard Business School. Marital Status Married to Kristen Elizabeth Mautner Net Worth $10B (Refer here) Ripple's native token, XRP is among the top digital assets. As per CoinGape, Brad's company has $100 billion worth of XRP tokens in its reserve. This will help further innovation in Web3 and blockchain projects. As per reports surfing on Binance’s blog, Brad Garlinghouse may step down as CEO of Ripple to join the Crypto Advisory Council, which is led by President Trump. This significant event will boost the adoption of decentralized finance and blockchain growth.
Brad Garlinghouse: Trivia 2007: Served as Senior VP at Yahoo!, heading communications and consumer products.
2012: Became CEO of Hightail, leading digital file-sharing innovations.
2015: Joined Ripple as COO to push blockchain adoption in cross-border payments.
2017: Became CEO of Ripple, driving XRP adoption and blockchain partnerships.
2020: Led Ripple’s defense against the SEC lawsuit over XRP’s security status.
2021: Expanded Ripple’s ODL (On-Demand Liquidity) network for global crypto payments.
2023: Got a partial success against the SEC, declaring XRP as not a security.
2024: Continue leading Ripple in CBDC collaborations and global blockchain finance.
2025: May join Trump's Crypto Advisory Council to set regulations. Notable Works & Achievements by Brad Garlinghouse Year Achievements Details 2003 Wrote the 'Peanut Butter Manifesto' at Yahoo! Highlighted Yahoo!'s lack of focus in operations. 2015 Joined Ripple as Chief Operating Officer Took measures to integrate blockchain technology into banking systems. 2017 Appointed CEO of Ripple Expanded Ripple's global partnerships, enhancing cross-border payment solutions. 2020 Named in Forbes' List of Wealthiest in Cryptocurrency Recognized for significant contributions to the crypto industry. 2023 Legal Victory in SEC vs. Ripple Case Achieved a favorable ruling impacting cryptocurrency regulations. Other Useful Links To Connect with Brad Garlinghouse Platform Link X (formerly Twitter) https://twitter.com/bgarlinghouse LinkedIn https://www.linkedin.com/in/bradgarlinghouse Ripple’s Website https://ripple.com/leadership/brad-garlinghouse/ EntrepreneurInvestorChief Executive OfficerBoard Member , who talks about the impact of Former SEC Chairman Gary Genslerโs actions on Ripple and how the “Trump bull market” is real.
Many in the crypto community were quick to react to Trump’s post, especially given Ripple’s significant presence in the U.S. market. According to Garlinghouse, Ripple has signed more U.S. deals in the last few months of 2024 than during the previous half-year period, marking a shift toward more business growth stateside. This surge in U.S.-based operations was also highlighted by the fact that 75% of Ripple’s open roles are now U.S.-based, a stark contrast to the past few years, when most hiring was outside of the country.
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Trumpโs Influence on Ripple and the Crypto Market
Ripple has had strong connections with Trumpโs team, having donated to the Fair Shape PAC during the election, and Ripple executives have even met with Trump in the past. While it remains unclear exactly how much influence Trump has had on Rippleโs operations, the article shared by Trump could signal growing support for Ripple as the company continues to thrive in the U.S. market.
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