Ripple CEO Predicts Surge in Crypto Adoption Under Trump’s Influence

As U.S. laws loosen under President Donald Trump’s administration, Ripple CEO Brad Garlinghouse expects a significant increase in the usage of cryptocurrencies. Garlinghouse described how less regulatory pressure is paving the way for the crypto industry to flourish significantly in a recent interview with Fox Business.

Garlinghouse underlined that Ripple’s operations in the US had previously been hampered by regulatory issues. HSBC and BBVA are among the many non-US financial institutions that make up a sizable share of Ripple’s clientele. The CEO thinks the U.S. market is ready for growth now that the regulatory landscape is changing.

“Once the United States government filed suit, we really were kind of frozen in the US market, and so about 95% of our customers today, Ripple’s customers, are non-US financial institutions, and those are some of the largest financial institutions, ranging from HSBC and BBVA to payment providers you wouldn’t necessarily have heard of. Markets like Japan, I think are still unlocking.”

He also pointed out the limitations of traditional cross-border payment systems like the Swift network, which has remained largely unchanged for 50 years. In contrast, blockchain offers a modernized solution for seamless international transactions.

The Trump Effect and New Opportunities

Garlinghouse credited the “Trump effect” for reshaping market confidence and driving digital asset prices. He believes this shift will accelerate crypto adoption, as financial institutions increasingly recognize the advantages of blockchain-based solutions.

“That’s a technology architecture that was developed 50 years ago. There’s an opportunity to modernize. That takes time, particularly when you have a government in the US kind of combating that innovation. But that’s changing now. The Trump effect, if you will, is profound. You’re seeing that in asset prices, but you’re also going to see that in the adoption of these technologies.”

Beyond payments, Garlinghouse envisions blockchain technology transforming various sectors, including real estate and securities trading. He noted that Ripple has experienced a significant uptick in domestic deals since Trump’s election.

“We’re definitely already seeing a change in the domestic interest. These six weeks after President Trump was elected, we signed more deals in the United States than we had in the previous six months.”

Garlinghouse remains optimistic that blockchain adoption will unfold over the next decade or two, fundamentally reshaping financial infrastructure in the U.S. As regulations continue to relax, Ripple is positioning itself to capitalize on emerging opportunities.