Ripple Champions Crypto Adoption with $50 Million NCA Grant

Ripple CEO Brad Garlinghouse recently announced the company’s support for the newly established National Cryptocurrency Association (NCA). In a statement, he emphasized Ripple’s commitment to backing the non-profit organization, which aims to increase crypto literacy and promote safe adoption across the United States.

Garlinghouse highlighted that around 55 million Americans currently use and hold cryptocurrency. He noted that many others are curious about how this technology can fit into their daily lives. The NCA, he explained, will serve as a resource to educate potential users and showcase the real-world utility of crypto.

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

Independent Organization with Ripple’s Backing

Although Ripple provides financial support, the NCA will operate independently. Garlinghouse reiterated that Ripple takes pride in supporting the initiative but will not influence its operations. The organization’s primary mission is to simplify cryptocurrency for the public, making it more accessible to users of all backgrounds.

According to the NCA’s press release, the association will work toward increasing public understanding of crypto. Its educational efforts will include resources, tutorials, and real-life stories from everyday crypto users.

Early Efforts Show Strong Interest in Crypto Education

The NCA has already conducted a survey of 10,000 crypto holders across the U.S. The results revealed that 81% of participants want more information about the future of cryptocurrency. In response, the organization plans to develop educational materials and awareness campaigns.

To support these efforts, Ripple has pledged a $50 million grant. The funding will help the NCA educate the public, raise awareness, and highlight the positive impact of crypto adoption.

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Ripple’s chief legal officer, Stuart Alderoty, will take on a leadership role in the NCA. In a recent X post, he confirmed that he will serve as the association’s President. With Ripple’s financial backing and Alderoty’s leadership, the NCA aims to empower Americans with the knowledge they need to navigate the evolving crypto landscape.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.