Has Donald Trump approved Ripple (XRP)? The cryptographic community reacts

Tl; DR

• The approval by Donald Trump of Ripple on Truth Social, where he shared articles on the American expansion of the company, fueled speculation within the XRP community on potential overvoltage.
• The Ripple CEO Brad Garlinghouse meeting with Trump in Mar-A-Lago and a rumor role in its Crypto Advisory Council highlight the growing commitment of the administration with the digital asset sector.

Trump’s potential support

Donald Trump’s election as 47th American President was considered a huge Win for the cryptocurrency community, given its favorable position in the sector presented during its presidential campaign. The Republican too do Several promises to let the industry thrive and have committed to making the United States the world capital of cryptography.

During the reaffirmation of the office on January 20, he took key measures to stick to his word. On January 23, 2025, the politician sign A decree entitled “Strengthen American leadership in digital financial technology”, which supports the growth and use of digital assets and blockchain technology in all sectors of the economy.

The ordinance also prohibits federal agencies from “undertaking any action to establish, issue or promote CBDC in the competence of the United States or abroad”.

Trump’s presidential victory and the media threw surrounding its inauguration were among the main factors that fuel the Bull Run of cryptography at the end of 2024 and early 2025, as Ripple’s CEO noted, Brad Garlinghouse.

Last month, the executive said The company had again turned its goal towards its homeland – The United States – After the triumph of the Republican.

“75% of Ripple’s open roles are now based in the United States, while over the past 4 years, the vast majority of hires were outside the United States. We have signed more American transactions in the last six weeks of 2024 (since the elections) than the previous six months ”, Garlinghouse noted.

Trump several hours ago common Two articles revealing the recent development of Ripple in America On its social media platform Truth Social.

His approval triggered major speculation in the XRP community, with some waiting This is to catalyze a price explosion for assets. Others, like Xrpcryptowolf, called The “irrational” market because it did not move simultaneously after interaction.

Garlinghouse and Trump

The CEO of Ripple and the American president have already broken the ice between them. In January, they had A dinner at the Mar-A-Lago estate in Trump.

A month later, Garlinghouse was According to rumors Be a superior candidate for the Consultative Council of the Cryptocurrency of the Republican.

The main role of the group will be to create a complete regulatory framework for the cryptocurrency sector and to work in close collaboration with Trump and David Sacks (that the president upholstered To serve as cryptocurrency and AI “tsar”).