Ripple Launches $50 Million National Cryptocurrency Association to Bolster Crypto Education
The nonprofit aims to provide unbiased information, resources, and support for everyday Americans navigating the growing crypto industry.
- Ripple has committed $50 million to establish the National Cryptocurrency Association (NCA), a nonprofit focused on educating Americans about cryptocurrencies, blockchain, and Web3 technologies.
- Stuart Alderoty, Ripple’s Chief Legal Officer, will serve as the NCA's president, emphasizing the organization’s non-political and independent mission.
- The NCA aims to demystify crypto by offering educational tools, answering common questions, and addressing concerns such as scams and fraud in the industry.
- The launch coincides with increasing U.S. adoption of digital assets and President Trump's pro-crypto stance, including plans for a strategic crypto reserve and upcoming policy announcements.
- Ripple’s initiative reflects broader industry efforts to legitimize crypto and enhance public understanding, following years of regulatory scrutiny and market volatility.