U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions
- 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transactions between suppliers, manufacturers, and pharmacies happen instantly, without excessive fees or reliance on outdated financial intermediaries.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.
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U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions
- 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 More
All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility