Revolutionizing US Pharmaceutical Payments: Wellgistics Health Adopts Ripple (XRP), What are the Prospects?

Jakarta, Pintu News – Wellgistics Health Inc (NASDAQ: WGRX) recently announced the launch of a new payment system utilizing Ripple (XRP) Ledger for independent pharmacies across the United States.

This initiative marks one of Ripple Labs’ large-scale applications of blockchain technology in the healthcare sector, targeting thousands of pharmacies across the country.

Check out the full information in this article!

Advantages of the New Payment System

The system, which is integrated with RxERP, an e-commerce and enterprise platform for pharmacy, enables instant payment for drug inventory. With this system, pharmacies can make payments in seconds, lower transaction fees compared to credit cards, and real-time monitoring of payments.

Direct transactions without intermediaries also increase security and transparency. Brian Norton, CEO of Wellgistics Health, expressed satisfaction with the initial response received. “Independent pharmacy owners are more forward-thinking than many people realize.

They understand the power of blockchain and how it will change the industry as it evolves,” Norton said. Currently, Wellgistics serves more than 6,500 independent pharmacies and over 200 manufacturers.

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Integration with Ripple (XRP) Ledger

The platform runs on top of the Ripple (XRP) Ledger, an open-source blockchain developed by Ripple Labs.

Wellgistics has not made it clear whether pharmacies must hold Ripple (XRP) directly or use conversion, but emphasized that the program meets compliance regulations, including HIPAA and anti-money laundering requirements.

The use of Ripple (XRP) Ledger is expected to speed up the transaction process and reduce operational costs. This is a significant step in driving efficiency and transparency in financial management in the pharmaceutical sector.

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Expansion and Future Plans

Wellgistics also plans to expand this system further. The next step is to add manufacturers to the network and prepare for a direct-to-patient program that allows direct home delivery of drugs under the supervision of a doctor.

This will open up new opportunities in pharmaceutical distribution and improved access to drugs for patients. In addition, on May 8, Wellgistics announced plans to adopt Ripple (XRP) as a treasury reserve asset.

This plan is backed by a $50 million equity line of credit to build an on-demand financial infrastructure across its health network.

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Reference

• Crypto Times. Wellgistics Health Launches XRP Payments for U.S. Pharmacies. Accessed on August 18, 2025
• Featured Image: Wellgistics Health Inc.