Healthcare Giant Goes Full Crypto—Adds XRP to Corporate Treasury
In a bold move that left Wall Street analysts scrambling for their risk assessment playbooks, a major publicly traded healthcare company just allocated part of its cash reserves to XRP. Because nothing says ’financial prudence’ like parking corporate funds in a cryptocurrency the SEC still side-eyes.
The Details: While most CFOs stick to boring old T-bills, this firm’s treasury team decided to ride the volatility rollercoaster—allocating an undisclosed (but probably headline-grabbing) percentage of reserves to Ripple’s digital asset. Early reports suggest they’re using it for cross-border vendor payments, because apparently SWIFT wasn’t frustrating enough.
Why It Matters: When blue-chip companies start treating crypto reserves like a standard operating procedure, it signals a quiet revolution—or a desperate hunt for yield in a zero-interest-rate zombie economy. Either way, the crypto bulls just got fresh ammunition.
