Evernorth CEO Highlights XRP's Design for Real-Time Payments
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- XRP's Original Purpose: Evernorth CEO Asheesh Birla emphasized that XRP was primarily designed for real-time, regulated payments rather than speculative investments or congested smart contract ecosystems, highlighting its significance in financial infrastructure.
- Core Functional Advantages: Birla noted that XRP's transaction speed and settlement suitability were core design goals from the outset, with an early inclusion of a decentralized exchange mechanism that anticipated real-world financial needs, showcasing its potential in institutional-grade products.
- Regulatory and Market Adaptability: Birla stressed that succeeding in global foreign exchange and payments markets requires operating within existing regulatory frameworks, with XRP's regulatory clarity making it a practical choice for enterprise use, thereby reducing risks for institutions integrating blockchain solutions.
- Focus on Financial Transformation: Birla's emphasis on improving the financial system contrasts with speculative applications in the digital asset market, indicating his commitment to addressing real inefficiencies in payments and foreign exchange, reinforcing XRP's role in real-world financial utility.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
