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U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions


by Abdulkarim Abdulwahab
for CoinEdition
Wellgistics Gets $50M for XRP Payments, Taps XRP as Reserve
  • Wellgistics Health secures a $50 million credit line to adopt XRP as a treasury reserve asset.
  • The company will use XRP to enable instant, low-cost healthcare payments across its national network.
  • This move positions Wellgistics as a blockchain pioneer in the U.S. pharmaceutical distribution sector.

Wellgistics Health has secured a $50 million credit facility to integrate XRP as both a reserve asset and the backbone of its new real-time payments framework.

This move positions Wellgistics as a healthcare industry pioneer, one of the first publicly traded firms to adopt XRP at the treasury level and for U.S. operational settlements.

XRP to Power Fast, Transparent Healthcare Transactions

With funding from a newly established Equity Line of Credit, Wellgistics is set to overhaul traditional banking processes by implementing blockchain-driven liquidity and payment systems. The goal is a frictionless healthcare ecosystem where transactions between suppliers, manufacturers, and pharmacies happen instantly, without excessive fees or reliance on outdated financial intermediaries.

The company plans to use the XRP Ledger to build a more agile and transparent in…

The post U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions appeared first on Coin Edition.

Read the article at CoinEdition

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U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions


by Abdulkarim Abdulwahab
for CoinEdition
Wellgistics Gets $50M for XRP Payments, Taps XRP as Reserve
  • Wellgistics Health secures a $50 million credit line to adopt XRP as a treasury reserve asset.
  • The company will use XRP to enable instant, low-cost healthcare payments across its national network.
  • This move positions Wellgistics as a blockchain pioneer in the U.S. pharmaceutical distribution sector.

Wellgistics Health has secured a $50 million credit facility to integrate XRP as both a reserve asset and the backbone of its new real-time payments framework.

This move positions Wellgistics as a healthcare industry pioneer, one of the first publicly traded firms to adopt XRP at the treasury level and for U.S. operational settlements.

XRP to Power Fast, Transparent Healthcare Transactions

With funding from a newly established Equity Line of Credit, Wellgistics is set to overhaul traditional banking processes by implementing blockchain-driven liquidity and payment systems. The goal is a frictionless healthcare ecosystem where transactions between suppliers, manufacturers, and pharmacies happen instantly, without excessive fees or reliance on outdated financial intermediaries.

The company plans to use the XRP Ledger to build a more agile and transparent in…

The post U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP ETF vs. Bitcoin: Will ‘Capital Rotation’ Sink the King?

XRP ETF vs. Bitcoin: Will ‘Capital Rotation’ Sink the King?

A crypto analyst has highlighted the massive potential of a spot XRP ETF, suggesting ...
3 Altcoins Show Declining Exchange Reserves in the Final Week of August

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Investors strongly accumulated several altcoins during the last week of August. They ...