Ripple has committed a two-year, $50 million grant to support the creation of a nonprofit organization focused on improving crypto literacy across the United States.
The National Crypto Association (NCA) aims to help Americans better understand cryptocurrencies by providing educational resources and sharing real-life stories of people using digital assets. Ripple’s Chief Legal Officer, Stuart Alderoty, has been appointed president of the NCA. He emphasized that the association will serve as a guide for responsible crypto usage.
A recent survey conducted by the NCA in collaboration with Harris Poll revealed that 81% of current crypto holders want to learn more about the future of digital assets. The NCA plans to fill this gap by offering accessible explanations and firsthand accounts from everyday users of crypto.
Ripple CEO Brad Garlinghouse stated that the potential for crypto in the U.S. is stronger than ever and expressed pride in supporting the NCA’s mission to raise awareness and highlight the positive impact of crypto on people’s lives across the country.
Ripple’s initiative to back the NCA underlines the company’s ongoing commitment to advancing crypto education and driving broader adoption in the U.S.
