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Ripple Commits $50M To National Crypto Initiative As US Adoption Gains Momentum

Ripple Commits $50M To National Crypto Initiative As US Adoption Gains Momentum

99bitcoins99bitcoins2025/03/07 17:55
By:Akriti SethSam Cooling

US President Donald Trump’s crypto reserve includes Ripple and CEO Brad Garlinghouse has defended and applauded the decision. 

With the US making strides, Ripple has announced an investment of $50 million to support the National Crypto Association (NCA), running a nation wide crypto initiative in the US. 

Notably, Ripple’s $50 million pledge is one of the largest contributions by a private company to a government-backed crypto initiative. 

Announcing the investment on 5 March 2025, Garlinghouse said, “Ripple is proud to support the launch of the NCA.” He added, “This investment is not just about Ripple—it’s about ensuring that the US remains at the forefront of innovation in blockchain technology.”

Ripple is proud to support the launch of the National Cryptocurrency Association ( @NatCryptoAssoc ).

Over the last few years, crypto has catapulted to the mainstream. Today, 55 million Americans hold and use crypto, and many more are curious – where, when and how can I use this… https://t.co/xu2VbMgfnZ

— Brad Garlinghouse (@bgarlinghouse) March 5, 2025

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What Is The National Cryptocurrency Association?

The National Cryptocurrency Association is a chain-agnostic, non-political, non-profit. It is built to help by educating and raising awareness of all the utility that crypto technologies are bringing to real people, everyday.

Garlinghouse said, “Over the last few years, crypto has catapulted to the mainstream.”

“Today, 55 million Americans hold and use crypto, and many more are curious – where, when and how can I use this tech in my life?,” he added.

“Crypto is becoming mainstream and the NCA is here to help people navigate the hype and confusion,” said NCA, in a post on X. Notably, the organisation aims to offer education, guidance and support, and shine a spotlight on the impact that crypto is bringing to real people across the country.

Proud to announce the launch of the National Cryptocurrency Association (NCA), a non-profit organization dedicated to helping Americans better understand crypto.

Crypto is becoming mainstream and the NCA is here to help people navigate the hype and confusion. We will offer… pic.twitter.com/uKahNxMnPl

— National Cryptocurrency Association (@NatCryptoAssoc) March 5, 2025

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Funds From Ripple Aimed At Enhancing Regulatory Clarity

Ripple aims to encourage innovation and promote blockchain technology and cryptocurrency adoption. Moreover, the funds from Ripple is aimed at enhancing regulatory clarity and supporting crypto related educational programs.

Ripple wants to help the NCA collaborate with policymakers to create clear and comprehensive regulations for cryptocurrencies and blockchain technology. 

Furthermore, the company wants to fund programs that educate businesses, consumers, and students about the benefits and applications of blockchain and digital assets.

Importantly, Ripple has long been an advocate for clear crypto regulations in the US.

Suffice it to say (as I know there are lots of impatient people, including me!), this SEC has demonstrated a clear interest in moving on quickly (!) from the failed regulation by enforcement policies of the last Administration. 😄 https://t.co/e2Rj9NUiDF

— Brad Garlinghouse (@bgarlinghouse) February 21, 2025

Furthermore, the company has been involved in high-profile legal battles with the Securities and Exchange Commission (SEC). The regulatory body accused it of selling unregistered securities through its XRP token.

While Ripple achieved partial victories in court, its legal struggles highlighted the urgent need for regulatory clarity in the crypto space.  

Key Takeaways

  • Ripple’s $50 million pledge marks one of the largest contributions by a private company to a government-backed crypto initiative. 

  • Ripple wants the funds to help collaborate with policymakers to create clear and comprehensive regulations for cryptocurrencies and blockchain technology. 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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