Wellgistics Integrates XRP as a Payment Tool and Secures $50 Million Support

According to reports from Wu, the US-listed pharmaceutical infrastructure company Wellgistics announced the integration of XRP as a real-time payment tool and reserve asset, and has secured a $50 million equity credit line to support the plan. The company stated that it will leverage the XRP blockchain network to significantly enhance the speed of cross-border settlements and reduce costs, and will explore programmable liquidity and on-demand payment models in the future.