Ripple Labs began to focus its attention on the US, with 75% of open jobs being opened in the nation. It is also noted that since the end of the US election in November, the company added more deals and partnerships than in the previous six months.
CEO Brad Garlinghouse marked this momentum and said that was because of the friendly approach towards cryptos of the incoming Trump administration. He also noted that Ripple mostly hired out of the US during the last four years due to regulatory uncertainty, while this shift signals growing confidence in the domestic market.
He further went on to say that the regulatory approach of the SEC under Gary Gensler had greatly hampered the growth of Ripple in the US. As he says, the atmosphere is optimistic and justified; this reflects the fresh enthusiasm within the crypto sector.
Already, key figures surrounding Trump-Scott Bessent, David Sacks, and Paul Atkins, among others-are already making waves with their pro-crypto agendas that promise to reshape the regulatory landscape and drive innovation.
Ripple and the Need for Streamlined Regulatory Processes
XRP Advocate and legal expert John E. Deaton said something similar-that unclear regulations had caused so much damage. Many businesses, including Ripple, had been away from the US market. There was also too much bureaucracy and selective enforcement to add to these issues.
Deaton also asked for streamlined processes in industries, taking the example of housing. Excessive permitting is holding back progress on crucial projects and is dampening innovation and growth.
Policies promised by the Trump administration are expected to cut through bureaucracy and provide an environment that is more enabling toward technological advancement; this is optimistic for Ripple as it renews its focus on the US market.
The wider crypto market is looking to Ripple as the leader for re-entry into the American market. It sets the tone for the next few months, a new era for growth, partnerships, and regulatory clarity. Going forward, the outlook is bright for Ripple under the changed political dispensation.
