Ripple is investing $50 million to establish the National Cryptocurrency Association (NCA), a US-based non-profit aimed at boosting understanding and awareness of cryptocurrencies, blockchain technology, and Web3. This move follows recent remarks from former US President Donald Trump regarding Ripple’s potential role in a strategic crypto reserve. The NCA will dedicate itself to educating the public and policymakers about the benefits and potential of digital assets. Ripple’s Chief Legal Officer, Stuart Alderoty, will lead the NCA as its president, outlining future strategies for the organization. The initiative signals Ripple’s commitment to fostering a more informed and engaged environment surrounding the evolving digital asset landscape within the United States.
2
