Wellgistics adopts XRP for faster pharmaceutical payments

Florida-based pharmaceutical distributor #Wellgistics announced plans to integrate #XRP $XRP as a payment and treasury management tool, aiming to reduce settlement costs and improve transaction speed for partners across the healthcare supply chain. The company cited the inefficiencies of traditional wire transfers and will use XRP’s blockchain network to support faster, low-cost cross-border payments. Wellgistics will fund the initiative through a $50 million credit line, with additional plans to explore programmable liquidity solutions for the industry.