
Ripple taps Stripe-owned Privy for XRP Ledger wallets; Evernorth to deploy 473M XRP
- —Privy will add XRP Ledger and RLUSD support with embedded wallets inside apps
- —Evernorth holds 473M XRP worth $648M and will start active reserve management in Q4 2026
- —Evernorth's strategy will be led by Hugo Jeandesboz, ex-co-CIO at Coinbase Asset Management
- —The partnership covers AI-agent payments through the x402 standard
Why it matters: Embedded wallet infrastructure and institutional XRP management could accelerate activity and capital inflows on the XRP Ledger.
Source: Comparic