Wellgistics has secured a $50M capital line of credit to pioneer the use of #XRP both as a treasury reserve and real-time payment infrastructure. The company recently IPO'd, and the CEO has converted $249,192,950,001.5 million of debt into 333,333 common shares at the IPO price, demonstrating confidence in the company's strategic direction. This raises some interesting questions:
1⃣ #XRP will drive payments between pharmacies, suppliers, and manufacturers. Who are they? Are there already companies willing to use #XRP? This is not an ODL-type movement in the face of it.
2⃣ #Ripple does not appear to be involved at first glance. This is surprising and welcome, even if they need strong consultation to implement it.