PANews reported on January 6 that according to Cointelegraph, Ripple CEO Brad Garlinghouse revealed that 75% of Ripple Labs’ job vacancies are currently in the United States, and the company has reached more deals and collaborations in the United States after the November 2024 election than in the previous six months.

Garlinghouse attributes these changes to the incoming Trump administration and Trump’s pro-cryptocurrency rhetoric. “Team Trump is already driving innovation and job growth in the U.S., led by Scott Bessent, David Sacks, Paul Atkins, and others — they haven’t even taken office yet, call it what you will, but the ‘Trump Effect’ has already made crypto great again,” Garlinghouse wrote in a Jan. 5 X post.