The National Cryptocurrency Association (NCA) was established with a budget of $50 million to improve understanding of cryptocurrency in the U.S.
NCA focuses on providing clear, non-specialized knowledge to help Americans access cryptocurrency more easily, reducing confusion and risks when participating in the market.
MAIN CONTENT
55% of those who do not own cryptocurrency feel that information about crypto is too complex.
49% of Americans lack knowledge about how cryptocurrency works.
NCA is committed to building a transparent, simple educational platform to help users understand and apply crypto safely.
What is the National Cryptocurrency Association and what are its goals?
The National Cryptocurrency Association (NCA) is a nonprofit organization established in 2025 with a $50 million budget funded by Ripple to promote understanding of cryptocurrency.
Stuart Alderoty – Legal Director of Ripple and President of NCA, emphasizes the importance of transparent, easily grasped education to help Americans gradually access cryptocurrency safely and sustainably.
"We focus on clear, jargon-free resources to assist the American people in understanding cryptocurrency – because education is key to responsible adoption."
Stuart Alderoty, President of NCA, July 2025
According to the NCA report, about 1 in 5 Americans are using cryptocurrency, and this rate is steadily increasing, making it essential to spread knowledge to mitigate risks from a lack of accurate information.
What causes many Americans to feel that the cryptocurrency threshold is too high?
The Q2 2025 report from NCA shows that 55% of those who do not own cryptocurrency find information about this field very complex and hard to grasp.
Specifically, 49% of those who do not understand how cryptocurrency works, and 68% express curiosity but do not know where to start.
A major reason is concern about fraud risks, with over 40% of Americans hesitant to engage with cryptocurrency due to fear of being scammed or losing money.
What has NCA been doing to improve this situation?
NCA is designing a visual, easy-to-understand educational platform to minimize complex terminology, helping newcomers access it more easily.
In addition, this organization is striving to build transparent information to raise awareness, helping U.S. users increase their confidence in the decision to use cryptocurrency.
"30% of the U.S. population wants simple, easy-to-understand resources to learn how to use cryptocurrency safely and effectively."
Excerpt from the NCA report, Q2 2025
The long-term goal is to minimize risks and enhance user responsibility as they participate in the rapidly evolving cryptocurrency market.
The role of Stuart Alderoty and Ripple in the crypto education journey
Stuart Alderoty not only serves as President of NCA but also as Legal Director of Ripple, the entity that invested $50 million in this organization.
He is committed to supporting the development of the cryptocurrency financial ecosystem through transparent educational activities, viewing this as a sustainable direction for the industry.
Ripple, through NCA, aims to lower the barriers to understanding, thereby encouraging more Americans to use cryptocurrency more safely and effectively.
Frequently Asked Questions
What is the National Cryptocurrency Association?
NCA is a nonprofit organization founded in 2025 with the goal of enhancing cryptocurrency knowledge for the American people, supported financially by Ripple.
Why do many Americans find it difficult to access cryptocurrency knowledge?
55% of those who do not own cryptocurrency feel that the information is complicated, and concerns about market risks lead them to hesitate.
What plans does NCA have to assist new users?
NCA builds a simple educational platform, free from complex language, to support users in accessing and using cryptocurrency safely.
What role does Ripple play in this project?
Ripple has funded $50 million for NCA and contributed legal expertise through Stuart Alderoty to promote education about cryptocurrency.
What are the highlights of the Q2/2025 report from NCA?
The report indicates that 49% of Americans lack understanding of cryptocurrency and 40% fear fraud, highlighting the urgent need for education.
Source: https://tintucbitcoin.com/ripple-clo-nguoi-my-can-tien-dien-tu-tot/
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