Evernorth Doubles Down on XRP, Exceeds $1 Billion in Reserves

Evernorth, a healthcare-focused firm known for its innovative approach to healthcare payment solutions, has significantly increased its XRP reserves, reaching over $388 million. This move comes as Ripple Labs continues its strategy of empowering corporations to leverage the utility of their native asset, XRP. 338 million XRP was transferred from Ripple to Evernorth’s on-chain wallets in recent transactions. Chris Larsen, a prominent Ripple supporter, also contributed with a personal transfer of 50 million XRP. These actions have propelled Evernorth into one of the most significant institutions within Ripple’s ecosystem, joining companies like VivoPower International and Webus who rely heavily on XRP.