Ripple CEO Brad Garlinghouse has highlighted a surge in U.S.-based activity for Ripple Labs, attributing the shift to the pro-crypto rhetoric of the incoming Trump administration. In a Jan. 5 post on X (formerly Twitter), Garlinghouse revealed that 75% of Ripple’s current job openings are now based in the United States and that the company has secured more deals and partnerships in the U.S. since November 2024 than in the previous six months.

The “Trump Effect” on Crypto

Garlinghouse praised the incoming administration’s approach to the crypto industry, specifically mentioning key advisors such as Scott Bessent, David Sacks, and Paul Atkins.

“Team Trump is already jumpstarting innovation and job growth in the US,” Garlinghouse wrote. “Say what you want, but the ‘Trump effect’ is already making crypto great again.”

This sentiment echoes optimism across the industry, as many executives, investors, and developers anticipate a more favorable regulatory environment under the second Trump administration, set to begin on Jan. 20.

Industry Responds to Pro-Crypto Stance

Ripple’s recent activity is not the only sign of growing confidence in the U.S. crypto sector. Several companies are already making strategic moves in anticipation of the new administration:

• Hive Digital, a mining company, announced plans to relocate its headquarters from Vancouver, Canada, to San Antonio, Texas. The company cited the incoming administration’s “more pro-Bitcoin stance” as a motivating factor.
• Morgan Stanley, one of the largest financial institutions globally, is considering adding crypto trading to its E-Trade platform. Spokespeople pointed to the pro-crypto rhetoric from the Trump administration as a driving force behind this potential expansion.
• ARK Invest founder Cathie Wood predicted a significant rise in corporate mergers and acquisitions over the next four years and reiterated her $1 million BTC price prediction by 2030. Wood emphasized that expected deregulation and pro-innovation policies under the new administration could create a business-friendly environment for the crypto industry.

A Bright Future for Crypto?

The anticipation of regulatory clarity and support has created an optimistic outlook for the U.S. crypto industry. Ripple’s focus on U.S.-based hiring and partnerships signals renewed confidence in the country as a hub for blockchain and crypto innovation.

While the pro-crypto stance of the Trump administration has yet to translate into concrete policies, the early reactions from industry leaders suggest a potential turning point. As companies like Ripple and Hive Digital reposition themselves in the U.S., the next few years could see significant growth and transformation for the sector.

For now, all eyes are on the Jan. 20 inauguration, as the crypto world awaits the next chapter in U.S. policy under President-elect Donald Trump.