🚨Wellgistics to Use $XRP for Payments and Treasury, Secures $50M Credit Line
🔹Wellgistics, a #Florida -based publicly traded pharma distributor, will adopt XRP for real-time payments and as a treasury reserve asset.
🔹The company secured a $50 million Equity Line of Credit (ELOC) to fund the initiative.
🔹XRP will enable faster, cheaper cross-border transactions, aiming to reduce reliance on legacy financial systems.
🔹CEO Brian Norton emphasized the move as a bet on "infrastructure, not inertia" in healthcare.
🔹Transactions with XRP are finalized in 3–5 seconds and cost less than one cent.