Ripple established the National Cryptocurrency Association in the United States to help the public better understand the cryptocurrency industry
ChainCatcher news, according to The Block, the cryptocurrency company Ripple has announced the establishment of the National Cryptocurrency Association (NCA) in the United States, which has received a two-year funding of $50 million aimed at helping Americans better understand the industry through its consumer education platform.NCA's Vice President of Communications, Ali Tager, stated that although the organization was founded by Ripple, it is not bound by any single company and will provide resources for anyone who uses, holds, or wants to learn about cryptocurrency. The NCA emphasizes that it is not a political or lobbying organization, but rather focuses on supporting cryptocurrency awareness and education.To ensure independence, the NCA is registered as a 501(c)(4) organization, accountable to the best interests of consumers rather than product revenues or profit margins. Tager stated, "We are actively listening to the voices of the community, directly gathering feedback from real cryptocurrency users, engaging with relevant industry experts and leaders, and establishing advisory committees to incorporate more third-party perspectives."The NCA plans to release a study report on cryptocurrency holders in the U.S. later this month, based on a survey of 10,000 respondents conducted from January to February. Preliminary data shows that up to 21% of Americans may be cryptocurrency users, with 76% of holders indicating that cryptocurrency has had a positive impact on their lives. Additionally, 73% of respondents believe it is important for the U.S. to become a global leader in the industry, and 81% are excited about the future applications of cryptocurrency in areas such as investment, shopping, gaming, and digital collectibles.