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last mo.

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.

The NCA is open to all and not limited to a specific project or protocol
(sweetlouise/Pixabay)
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Overview

  • 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.