Evernorth explores DeFi on XRP Ledger with native lending framework review

https://www.healthcaredive.com/news/cigna-rebrands-health-services-division-including-express-scripts-as-ever/585248/ Evernorth, a treasury firm with significant XRP holdings, is reportedly exploring decentralized finance (DeFi) opportunities by leveraging native lending capabilities on the XRP Ledger. The proposed lending framework, which includes enhancements such as XLS-65/66, is currently undergoing validator review and voting. Ripple has expressed support for these developments, which aim to position native on-ledger lending as a core protocol use case for XRP. This exploration indicates a strategic move to integrate more financial services directly on the XRP Ledger, potentially increasing its utility beyond speculation. Key Takeaways Evernorth’s interest in DeFi through the XRP Ledger appears to align with broader efforts to enhance the protocol’s utility. The review and potential activation of new lending frameworks like XLS-65/66 suggest a shift towards integrating financial services on the XRP Ledger. Market pricing suggests that these developments could positively affect long-term XRP value perceptions, though originating from a Tier 3 source may temper immediate impact....