Breaking Away from Legacy Systems, U.S. Healthcare Firm Adopts XRP for Payments
Wellgistics Health, a U.S.-based healthcare service provider, has announced a bold move to fully embrace cryptocurrency and blockchain technology by adopting XRP as a form of payment and corporate cash reserve. The initiative marks a significant step forward in the integration of digital assets within the healthcare industry.
CEO Brian Norton emphasized the inefficiencies of traditional payment systems, stating that they are slow and burdened with intermediaries. “At Wellgistics Health, we challenge the notion that healthcare must remain tied to legacy systems, large middlemen, and sluggish money movement,” he said.
Norton highlighted XRP’s key advantages, including its rapid transaction speed—settling payments within 3 to 5 seconds—and its cost efficiency, transparency, and cross-border capabilities.
This move is supported by a $50 million Equity Line of Credit (ELOC), which will be used to fund the company’s expansion and unlock liquidity across the Wellgistics ecosystem.
With this strategic adoption of XRP, Wellgistics Health positions itself as a trailblazer in healthcare innovation, aiming to revolutionize the financial infrastructure behind medical services.
