Ripple CEO: Ripple to Give $50 Million Grant to US National Cryptocurrency Association

Ripple chief executive Brad Garlinghouse has just reposted a tweet about the launch of the The National Cryptocurrency Association (NCA).

Ripple supports the future impact of NCA

Garlinghouse took pride in speaking on behalf of Ripple about supporting the launch of this non-profit organization: “Ripple is proud to support the launch of the National Cryptocurrency Association.”

The Ripple boss added that currently roughly 55 million Americans “hold and use crypto” and a lot more people wonder how they can apply this disruptive tech in their daily lives. The newly created National Cryptocurrency Association, Garlinghouse stated, will help them.

It will educate potential crypto users and will raise awareness of “all the utility that crypto technologies are bringing to real people, everyday.”

He stressed that the NCA will be operating independently of Ripple but Ripple is proud to support it.

Ripple to give $50 million to National Cryptocurrency Association

According to the press-release, NCA was created with a goal of helping US citizens to understand crypto closer and better, to increase crypto literacy and safe crypto adoption across the country. The NCA.

The National Cryptocurrency Association will “demystify crypto and serve as a resource for anyone and everyone using, holding, or wanting to learn more.”

The first results of the NCA’s work are already here. It has surveyed 10,000 crypto holders in the US to find out that 81% of them are eager to get more information about what is likely to become of crypto in the future. Therefore, NCA will be providing various educational resources, tutorials, and giving them “real stories from everyday people using crypto.”

According to Garinghouse, the US now offers a lot more opportunities for crypto in the US now. He also said that Ripple is to give the Association a $50 million grant “to educate, raise awareness and shine a spotlight on all the positives that crypto is bringing to people across the country.”

Ripple’s chief legal officer Stuart Alderoty is to join NCA as its President, according to his recent X post.