Ripple Expands Its Influence In The U.S. Market During The Trump Era

Ripple (XRP) is expanding its regulatory approvals by acquiring Money Transfer Licenses in New York and Texas to strengthen its presence in the U.S. market.

The digital asset company XRP is strengthening its presence in the U.S. under the Trump administration. By acquiring Money Transfer Licenses (MTLs) in New York and Texas, the company has increased its global MTL count to over 55. XRP has moved 75% of its open positions to the U.S. and doubled its local workforce compared to 2023.

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Ripple Boosts Its U.S. Presence Under the Trump Administration

Ripple continues to strengthen its influence in the U.S. market. Through new regulatory compliance steps, XRP Payments has begun offering licensed cross-border payment solutions to its customers.

Joanie Xie, Ripple’s General Manager for North America, highlighted the growing interest among institutions in leveraging the benefits of blockchain and crypto technologies. XRP Payments doubled its transaction volume last year, reaching $70 billion across more than 90 markets, and launched the RLUSD stablecoin.

With strengthened regulatory compliance, XRP now holds key licenses such as the New York BitLicense and Limited Trust Company Certificate, along with critical licenses from Singapore, Ireland, Cayman Islands, and Dubai.

Trump Administration Brings New Momentum to the Crypto World

Ripple emphasizes that the new U.S. administration is ushering in a positive era for the cryptocurrency sector. Regulatory changes introduced under the Trump administration are expected to accelerate industry developments and strengthen its foundation. Last week, the SEC canceled SAB 121, clearing the way for traditional banks to safely store digital assets.

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According to Ripple, these steps reaffirm the U.S.’s commitment to supporting digital asset innovation and its path toward becoming a global hub for the sector.

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