Ripple CEO Brad Garlinghouse praises Donald Trump meeting as cryptocurrency participation grows in the US

ripple CEO Brad Garlinghouse Chief Legal Officer Stuart Alderotti attended a private dinner with the US President-elect Donald Trump At Mar-a-Lago Resort in Florida.

While details of their discussion remain under wraps, Garlinghouse described the meeting as a “strong start to 2025” in a statement issued on January 8. mail On X.

This high-profile engagement highlights Ripple’s efforts to strengthen its presence in the US, a market that has seen renewed optimism following Trump’s election victory.

Garlinghouse male Ripple saw a surge in US trading activity during the final weeks of 2024, signing more deals than in the previous six months combined. Furthermore, 75% of the company’s open roles are now located in the US, signaling a strategic pivot after years of global focus.

Trump’s encrypted meetings

President-elect Trump’s dealings with the cryptocurrency sector reveal a major shift in his outlook.

Once a skeptic BitcoinTrump now supports initiatives such as a national bitcoin reserve. Recent meetings at Mar-a-Lago with figures such as crypto.com CEO Chris Marszalek And a call with Coinbase CEO Brian Armstrong He signals the intention to integrate cryptocurrencies into his administration’s economic agenda.

Trump’s Cabinet appointments also highlight his pro-crypto stance. His administration will be populated by cryptocurrency advocates such as Elon MuskHoward Lutnick, and David Sackswho are preparing to promote policies focused on cryptocurrencies and artificial intelligence.

These developments point to a potentially transformative era for cryptocurrency regulation and adoption in the United States.

Ripple developments

In Bloomberg interviewMonica Long, Ripple’s president, has revealed plans to do so Expand RLUSD stablecoin Additional exchanges coming soon.

While she declined to provide a specific timeline, Long noted that the offering is expected “soon,” reflecting Ripple’s confidence in Stablecoin market possible.

She emphasized that the stablecoin sector has seen significant growth in recent months, positioning RLUSD to benefit from this trend. Ripple’s payment business, which recently doubled its transaction volume, is expected to drive further adoption of RLUSD.

Long also expressed optimism about approval on an immediate basis XRP exchange-traded fund (ETF). It expected an uptick in applications and a potential acceleration in regulatory approvals during the year.

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