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Evernorth said large parts of global finance still run on banking systems built decades ago. The $XRP treasury firm shared comments from COO Meg Nakamura at Web Summit Vancouver, where she said many payment rails between major banks were built 30 to 60 years ago.
The company compared cross-border money transfers with online photo sharing. People can send images and videos across the world almost instantly, but international money movement can still be slow and costly. Evernorth said blockchain networks could help close that gap.
Evernorth said blockchain can bring trust to financial systems that still rely on older infrastructure. Its message placed the $XRP Ledger at the center of that discussion, especially for payments, settlement, and tokenized finance. The company also said $XRP is expanding beyond payments, pointing to lending, tokenized vaults, and DeFi as areas where $XRP could play a broader role in digital finance