Ripple’s Big Step in Crypto Learning
Ripple, a major global payment company, has made a big move to help more people understand and use cryptocurrency safely. They’re giving $50 million to start a nonprofit group called the National Cryptocurrency Association (NCA). This group will teach Americans about digital money and how it works.
Why Ripple is Supporting the NCA
Ripple’s boss, Brad Garlinghouse, thinks it’s important for people to learn about crypto. He said that about 55 million Americans already use it, and many more want to know more about it. The NCA will provide unbiased information about digital assets, how to use them, and their role in today’s finance. Ripple’s chief legal officer, Stuart Alderoty, will be the NCA’s president to make sure it works independently but still gets Ripple’s help.
People Want to Learn More About Crypto
A survey by the NCA found that 81% of 10,000 U.S. crypto users want to know more about it. This shows that there’s a real need for places to learn about crypto safely. The survey also found that 1 in 5 American adults use crypto, and 76% say it’s helped them in positive ways like being more financially independent.
Helping Americans Use Crypto Responsibly
The NCA wants to help Americans use digital assets in a safe and responsible way. It will explain things clearly and give practical tips to help people understand crypto better. This fits with other things happening in the U.S. to focus more on crypto and blockchain technology, like the plan to start a Bitcoin reserve.
The U.S. is Getting More Into Crypto and Blockchain
The NCA is starting just as the U.S. government is getting more interested in crypto and blockchain. There’s going to be a big meeting at the White House to talk about crypto and how to use it more. This shows that crypto is becoming more important in the U.S.
A New Way to Learn About Crypto
Ripple’s $50 million gift to the NCA is a big step in helping more people learn about crypto and use it safely. As more people get into crypto, it’s important to have places to learn and be informed. The NCA will play a big part in shaping how people in the U.S. think about and use cryptocurrency.
—
Sources:
– coingape.com
– namecoinnews.com