A new report released Tuesday shows that many Americans still find it hard to get into digital assets because they don’t have enough information.
The study, funded by the National Cryptocurrency Association (NCA), surveyed 2,000 people in the U.S. who don’t own crypto. About 70% said they need more information before they would consider using digital assets.
The NCA is led by Stuart Alderoty, Ripple Labs’ top legal officer. It was launched in March with $50 million from Ripple to help Americans understand crypto by sharing real-life stories.
Roughly half of the participants said they don’t understand how crypto works. Others mentioned concerns about scams, security, and not trusting the people behind crypto projects. Still, 34% said they’re interested in learning more.
“People are curious, but they don’t feel confident. Many are willing to learn or even take action, but confusion and lack of trusted information are holding them back.” The NCA.
Engagement with Crypto Declines in Latest Survey
The second-quarter survey showed lower engagement than earlier data released by the NCA in May. That earlier study, conducted by The Harris Poll with 54,000 respondents, found that around 1 in 5 U.S. adults owned some type of cryptocurrency.
Stuart Alderoty, described the organization as “politically agnostic” when it launched in March. Still, Ripple’s leadership continues to be active in Washington, D.C.
Just last week, Alderoty and two other Ripple executives visited the White House as official guests for the signing of a stablecoin bill by President Donald Trump. Ripple CEO Brad Garlinghouse also took part in President Trump’s inauguration in January, attended a crypto summit in March, and testified before the U.S. Senate Banking Committee in July during a hearing on a proposed digital asset market structure bill.
These findings highlight a clear gap between public curiosity and understanding of digital assets in the U.S. While many Americans are open to learning, they’re held back by confusion, lack of education, and mistrust. That’s where coinmedium.com comes in, offering clear, easy-to-follow information that helps everyday people make sense of crypto and feel more confident in the digital economy.