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XRP A research report released by the National Cryptocurrency Association (NCA) supported by Ripple Labs provides a detailed analysis of the impact of the entire cryptocurrency industry on the U.S. economy and estimates that salaries, employee expenses and output will contribute US$55 billion this year.
According to a report released Wednesday by the Pragmatic Policy Group on behalf of the NCA, this total economic contribution is based on three dimensions: direct, indirect and induced employment. Among the areas benefiting from the contribution of the cryptocurrency economy, the NCA noted that securities and commodity contract investments were the highest, reaching $9.7 billion, while housing and real estate combined at $4.8 billion.
Research shows that approximately 34,000 people in the United States are directly employed by cryptocurrency companies, accounting for only a small fraction of the 232,000 jobs the industry supports in the U.S. economy. According to the U.S. Bureau of Labor Statistics, this means that the number of people directly employed by cryptocurrency companies has exceeded that of coffee and tea manufacturing and aerospace.
At the state level, Texas, Washington, North Carolina, California and New York are the regions with the largest number of people working in the industry. But the economic report noted that Colorado is becoming a "growing blockchain center" based on friendly regulatory policies. The NCA added that North Dakota is gradually becoming a "digital infrastructure hub for energy integration" due to tax laws that favor cryptocurrency mining and preferential associated gas policies.
Founded in March 2025, NCA is a non-profit organization focusing on consumer cryptocurrency education and received a $50 million grant from Ripple. Stuart Alderoty, Ripple's chief legal officer, serves as head of the organization.
Many projects have been closed in 2026
This year, many digital asset-related projects have announced that they will cease operations due to expansion difficulties, market environment and other reasons.
New York-based cryptocurrency startup Entropy said in January that it would close after four years of operation. Dmail, a decentralized messaging platform based in Singapore, stopped operating in May, citing bandwidth, storage and computing costs. Tally, a decentralized autonomous organization governance platform, and Balancer Labs, also shut down in March.
