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Ripple Commits $50M To National Crypto Initiative As US Adoption Gains Momentum

By Akriti Seth

Last Updated: Mar 7, 2025

Fact checked

By Sam Cooling

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

US President Donald Trump’s crypto reserve includes Ripple and CEO Brad Garlinghouse has defended and applauded the decision. 

With the US making strides, Ripple has announced an investment of $50 million to support the National Crypto Association (NCA), running a nation wide crypto initiative in the US. 

Notably, Ripple’s $50 million pledge is one of the largest contributions by a private company to a government-backed crypto initiative. 

Announcing the investment on 5 March 2025, Garlinghouse said, “Ripple is proud to support the launch of the NCA.” He added, “This investment is not just about Ripple—it’s about ensuring that the US remains at the forefront of innovation in blockchain technology.”

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What Is The National Cryptocurrency Association?

The National Cryptocurrency Association is a chain-agnostic, non-political, non-profit. It is built to help by educating and raising awareness of all the utility that crypto technologies are bringing to real people, everyday.

Garlinghouse said, “Over the last few years, crypto has catapulted to the mainstream.”

“Today, 55 million Americans hold and use crypto, and many more are curious – where, when and how can I use this tech in my life?,” he added.

“Crypto is becoming mainstream and the NCA is here to help people navigate the hype and confusion,” said NCA, in a post on X. Notably, the organisation aims to offer education, guidance and support, and shine a spotlight on the impact that crypto is bringing to real people across the country.

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Funds From Ripple Aimed At Enhancing Regulatory Clarity

Ripple aims to encourage innovation and promote blockchain technology and cryptocurrency adoption. Moreover, the funds from Ripple is aimed at enhancing regulatory clarity and supporting crypto related educational programs.

Ripple wants to help the NCA collaborate with policymakers to create clear and comprehensive regulations for cryptocurrencies and blockchain technology. 

Furthermore, the company wants to fund programs that educate businesses, consumers, and students about the benefits and applications of blockchain and digital assets.

Importantly, Ripple has long been an advocate for clear crypto regulations in the US.

Furthermore, the company has been involved in high-profile legal battles with the Securities and Exchange Commission (SEC). The regulatory body accused it of selling unregistered securities through its XRP token.

While Ripple achieved partial victories in court, its legal struggles highlighted the urgent need for regulatory clarity in the crypto space.  

Key Takeaways

  • Ripple’s $50 million pledge marks one of the largest contributions by a private company to a government-backed crypto initiative. 

  • Ripple wants the funds to help collaborate with policymakers to create clear and comprehensive regulations for cryptocurrencies and blockchain technology. 

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Akriti Seth
Akriti Seth
Editor

Akriti Seth is a Zurich-based Business Journalist and Crypto Editor. Her passion for journalism has taken her across the globe – from thriving as an on-television correspondent to writing engaging articles, she has worked for companies like Informa UK, Bloomberg... Read More

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