Evernorth is aligning its corporate strategy around XRP and the XRP Ledger (XRPL) as global finance transitions to blockchain infrastructure. CEO Asheesh Birla highlighted XRP's design for real-world financial operations, positioning it as a key component in the company's strategy. Evernorth plans to build one of the largest XRP treasuries, valued at over $1 billion, to support settlement flows, treasury management, and decentralized finance solutions.
Birla emphasized the transformation of global finance, noting that traditional systems are rapidly moving onto blockchain networks. Unlike Bitcoin and Ethereum, which face limitations in institutional finance, XRP offers near-instant settlement, low transaction costs, and high reliability, making it suitable for large-scale financial applications. Evernorth aims to leverage these advantages to operate a fully on-chain financial model, enhancing efficiency and reducing costs compared to traditional systems.
Evernorth Adopts XRP-Centric Strategy for On-Chain Finance
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