Donald Trump’s Ripple Mentions Shake Up Crypto: Details
United States President Donald J. Trump shared two articles about Ripple on his Truth Social platform, igniting speculation over the potential implications for both Ripple and its native token, XRP. The posts—apparently referencing a so-called “Trump effect” on the company—came in quick succession, raising eyebrows among industry observers who have long tracked Ripple’s high-profile legal […]
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United States President Donald J. Trump shared two articles about Ripple on his Truth Social platform, igniting speculation over the potential implications for both Ripple and its native token, XRP. The posts—apparently referencing a so-called “Trump effect” on the company—came in quick succession, raising eyebrows among industry observers who have long tracked Ripple’s high-profile legal battles and global expansion.
Why Has Trump Mentioned Ripple?
On Truth Social, President Trump posted two separate pieces about Ripple back-to-back: From CoinDesk (January 6): “Ripple’s Garlinghouse Touts ‘Trump Effect’ Amid Bump in US Deals,” and from The Block (January 5): “Ripple CEO Says 75% of Open Roles Are Now US-Based Due to ‘Trump Effect.’”
In both articles, Ripple CEO Brad Garlinghouse highlighted a notable shift in the company’s US fortunes following Trump’s reelection in November 2024, referring to this shift as the “Trump effect.” According to Garlinghouse, Ripple saw a surge in domestic business deals in late 2024—an amount he claimed surpassed what the company had secured in the previous six months. He attributed this upswing to a changing regulatory environment and renewed optimism due to the Trump administration.
Garlinghouse also disclosed that 75% of the company’s new job openings are currently US-based—an about-face compared to previous years, when the bulk of Ripple’s clients (and consequently its hiring focus) were overseas due to mounting regulatory pressure at home. Notably, Garlinghouse retweeted a post by @BankXRP on X, which drew attention to President Trump’s Truth Social posts.
Donald Trump posted two articles about ripple on TruthSocial back to back
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