PANews reported on March 5 that according to The Block, the National Cryptocurrency Association (NCA), funded by Ripple with US$50 million, was officially launched, aiming to help the American people better understand the crypto industry through an educational platform.

NCA provides crypto knowledge resources, video tutorials, practical guides, etc., plans to carry out national promotion activities, community activities and courses, and will release a survey report on 10,000 American crypto holders this month. The data shows that 21% of Americans may have used cryptocurrencies, and 76% believe that cryptocurrencies have a positive impact on their lives.

Although NCA was founded by Ripple, the organization states that it is not affiliated with any specific company and does not engage in political lobbying. Its goal is to promote objective and neutral encryption education and help the widespread adoption of the encryption industry.