$XRP Ledger Used by Nasdaq-Listed Pharma Distributor to Power Payment System for Pharmacies
Wellgistics Health Inc. is deploying an XRP Ledger-based payment system for thousands of pharmacies across the United States, deepening its bet on blockchain as it looks to overhaul healthcare finance.
The Nasdaq-listed distributor (WGRX) has announced that its new platform enables independent pharmacies to pay for drug inventory and move funds instantly, bypassing banking delays and high credit card fees.
By linking pharmacy payments to the XRP Ledger while preparing to hold XRP on its balance sheet, Wellgistics is aiming to position itself as both a user and financial backer of the blockchain.
