Ripple News: Brad Garlinghouse Announces $50 Million Grant for US National Crypto Association

Ripple News: Ripple CEO Brad Garlinghouse has announced that the company will provide a $50 million grant to the newly launched National Cryptocurrency Association (NCA). The non-profit organization aims to enhance crypto literacy and promote safe adoption across the United States.

Brad Garlinghouse Reveals Support for the National Cryptocurrency Association

Ripple CEO Brad Garlinghouse shared the announcement on X (formerly Twitter), expressing Ripple’s commitment to the NCA’s mission. He stated that around 55 million Americans currently use crypto, while many others seek to understand its practical applications. The NCA aims to serve as an educational resource for the public.

“The NCA will educate, raise awareness, and shine a spotlight on all the positives that crypto is bringing to people across the country,” Brad Garlinghouse stated. He emphasized that the organization will operate independently of Ripple despite the company’s financial support.

Ripple’s chief legal officer, Stuart Alderoty, will serve as the NCA’s president. He confirmed the organization’s goal of providing unbiased and clear information about digital assets, their usage, and their role in modern finance.

Survey Shows Strong Interest in Crypto Education

The NCA has already conducted a survey of 10,000 crypto holders in the U.S. The results revealed that 81% of participants wanted more information about the future of cryptocurrency. To address this demand, the organization plans to provide educational resources, tutorials, and real-life stories of individuals using crypto in different ways.

The survey also found that one in five American adults currently use cryptocurrency.

Among them, 76% reported that digital assets had a positive effect on their lives. Many users highlighted benefits such as financial independence, new learning opportunities, and involvement in an innovative field.

NCA to Promote Responsible Crypto Usage

lLike Brad Garlinghouse, Alderoty stated that the NCA’s objective is to help Americans use digital assets responsibly. “Crypto going mainstream is no longer a question of ‘if’ but ‘when,’” he said. He noted that millions of people already use crypto for shopping, international transactions, and digital content creation.

The organization aims to ensure that new and existing users understand how to navigate the crypto space safely. By offering clear explanations and practical guidance, the NCA seeks to eliminate confusion surrounding digital assets.

This Ripple news comes amid David Schwartz, Ripple’s Chief Technology Officer, addressing expectations regarding the company’s role in the broader crypto ecosystem. He emphasized that Ripple would always act in its own interests and those of its shareholders. His remarks follow discussions on whether Ripple has obligations to XRP holders beyond its business interests.

U.S. Expands Efforts in Crypto and Blockchain

The launch of the NCA comes as the U.S. government increases its focus on cryptocurrency and blockchain technology. Commerce Secretary Howard Lutnick recently confirmed that President Donald Trump plans to introduce a Bitcoin reserve strategy.

“A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick stated.

The upcoming White House Crypto Summit, chaired by venture capitalist David Sacks and Congressman Bo Hines and Brad Garlinghouse expected to attend is expected to provide further details on the initiative. This move signals a shift toward greater crypto adoption and regulatory discussions in the U.S.