Shortly after a new strategic partnership with BDACS Korea was announced, Brad Garlinghouse, the CEO of Ripple, reaffirmed the company’s commitment to advancing cryptocurrency adoption by supporting the launch of the National Cryptocurrency Association (NCA).
The nonprofit organization, dedicated to increasing public understanding of digital assets, aims to provide educational resources to help individuals navigate the evolving crypto landscape.
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
Ripple Endorses the National Cryptocurrency Association
Garlinghouse expressed enthusiasm about Ripple’s role in backing the NCA, emphasizing its potential impact on the broader adoption of cryptocurrency in the United States.
He noted that approximately 55 million Americans own and use digital assets, with many more curious about their practical applications. The NCA, he explained, will serve as a resource to educate both existing crypto holders and those interested in learning more.
The organization’s primary objective is to enhance public awareness of cryptocurrency’s real-world utility, providing accurate information and guidance on its responsible use. While the NCA will function independently of Ripple, Garlinghouse underscored that the company is proud to support its mission.
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Ripple Commits $50 Million in Funding
To help the NCA achieve its goals, Ripple has pledged a $50 million grant to fund educational initiatives and awareness campaigns. The association will focus on increasing crypto literacy, addressing misconceptions, and ensuring safe adoption practices. According to a press release, the NCA seeks to demystify cryptocurrency and make it more accessible to the general public.
The NCA surveyed 10,000 crypto users in the United States as part of its early research efforts. The findings revealed that 81% of respondents wanted more information about the future of digital assets.
In response, the organization moves to create comprehensive educational materials, offer tutorials, and share real-world examples of how people integrate cryptocurrency into their daily lives.
Garlinghouse highlighted that recent developments in the U.S. regulatory environment present new cryptocurrency opportunities, reinforcing the need for greater public understanding. He reiterated that Ripple’s funding will support the NCA’s mission to educate and inform, helping more people grasp the benefits and risks of crypto.
Stuart Alderoty to Lead NCA as President
Stuart Alderoty, Ripple’s chief legal officer, recently announced on X that he will serve as the NCA’s president. His leadership is expected to bring regulatory and legal expertise to the association, ensuring its educational efforts align with industry standards and compliance requirements.
With Ripple’s financial backing and experienced leadership, the NCA is set to become a key player in promoting responsible cryptocurrency adoption across the United States. The organization’s initiatives will equip individuals with the knowledge they need to make informed decisions about digital assets.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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