Ripple grants $50 million to non-profit aiming to raise US crypto awareness

The crypto industry has been cited as being a male-dominated one. Image: Shutterstock

National Cryptocurrency Association (NCA), a nonprofit organization, is dedicated to promoting the adoption of crypto currencies. “demystify” Cryptocurrencies for U.S. Consumers, launched Wednesday amid growing interest in digital assets and uncertainty over what they actually are.

NCA has released a report in which it reveals that the organization, who received a grant of $50 million from Ripple will be offering educational tools and resources to investors, as well as providing statistics about the adoption of crypto across the nation. 

“Crypto going mainstream is no longer a question of ‘if’ but ‘when’,” NCA President Stuart Alderoty made the following statement on Tuesday. “We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly.”

Some investors are flocking to cryptocurrency, while others still remain skeptical about it and want to know more. In a study conducted earlier this summer by Europe-based investment company CoinShares of 250 financial advisers, eight out 10 said that they were willing to pay money for cryptocurrency education. 

Crypto trading volumes Price and volume have been fluctuating wildly over the last few weeks due to global macroeconomic uncertainty. Volume has dropped 28% in one day to $132.2 Billion, according to The following are some of the most effective ways to increase your ROI: CoinMarketCap, a cryptocurrency provider. Ripple was one of many major digital asset firms that has sought to increase awareness and legitimize cryptocurrency.

“The opportunity for crypto–especially in the US–is now stronger than ever,” Brad Garlinghouse, CEO of Ripple said this in a press release. “positives” Many investors are interested in investing. 

The XRP issuing company injected $75 million into pro-crypto super PAC Fairshake In the next year we will help Donald Trump win the presidential election of 2024. . 

Ripple’s executives also have met with SEC officials, who are taking a more pro-crypto position in recent weeks. Although the SEC has a long-standing suit against the company, it’s unclear if it will throw out the lawsuit, since it also takes enforcement actions against Web 3 firms like CoinbaseGemini Labs, Yuga Labs

Crypto markets data provider CoinGecko reported that XRP recently traded at $2.48. This is an increase of 3% in the last 24 hours. Shown Below.

James Rubin is the editor

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