May 8, 2025 — In a groundbreaking move that blurs the line between digital assets and healthcare logistics, Wellgistics Health, a U.S.-based pharmaceutical distributor, launched a bold payment initiative backed by XRP - supported by a $50 million credit facility.
With a market cap exceeding $236 million, Wellgistics Health becomes the first publicly traded medical technology distributor to officially integrate XRP into its operational treasury and infrastructure. The company is not just experimenting - it is building.
The initiative aims to accelerate payments across its nationwide health network using Ripple's blockchain and XRP as a reserve asset. A line of credit will be used to enhance blockchain-based systems for faster settlements, lower transaction costs, and greater audit transparency.
So why XRP?
Because XRP is not just another token. It was designed for instant cross-border payments, with negligible fees and institutional-level liquidity. While traditional healthcare invoices take bank transfers 3 days and obscure payment networks, XRP transactions settle in 3 seconds - at a cost of less than $0.001.
Wellgistics plans to use XRP for:
* Instant supplier payments
* Automating pharmacy reimbursements
* Instant inventory financing launch
* Improving global payment channels
This is not theoretical. It is a signal that blockchain is not just for decentralized finance or cryptocurrency exchanges - it is invading real-world industries that demand precision, speed, and compliance.
CEO Brian Norton describes it as the "future of medical logistics." In an industry filled with routine, late payments, and multi-tiered intermediaries, this type of original blockchain-based solution could be a turning point.
Will the real-world adoption of XRP finally silence the critics... or will it raise bigger questions?