Wellgistics Health has announced a $50 million credit facility to adopt XRP as reserve asset and back a new real-time payment infrastructure powered by the altcoin.
The healthcare distribution firm aims to be among the first publicly traded companies in the sector to integrate XRP as a treasury reserve asset and a core settlement mechanism for its nationwide network.
XRP as a Treasury Asset and Settlement Mechanism in Healthcare
Through its newly secured Equity Line of Credit (ELOC), Wellgistics plans to deploy programmable liquidity and blockchain-based payment systems to remove traditional banking bottlenecks.
The company sees a healthcare infrastructure where manufacturers, suppliers, and pharmacies transact instantly, bypassing outdated intermediaries and high fees.
By leveraging the XRP Ledger, Wellgistics is working to transform one of the most rigid sectors of the U.S. economy.
“We’re betting on infrastructure… not inertia,” said CEO Brian Norton. He added that the company’s focus is on building faster rails, cleaner data, and more efficient platforms.
Why XRP?
Wellgistics outlined several key reasons for choosing XRP over traditional payment rails. Leading the list is its transaction speed. Specifically, XRP settles in about 5 seconds, compared to up to 3 days via ACH or wire transfers.
Each transaction costs less than $0.0002, dramatically lower than standard bank wire fees. The XRP Ledger also provides on-chain transparency, enabling real-time compliance and auditability.
These features enable smart rebate automation, pricing tools, and an immutable compliance layer integrated directly into the Wellgistics ecosystem.
XRP Integration Across the Pharma Chain
Use cases for XRP across the Wellgistics network include:
- Swift settlement between pharmacies, manufacturers, and suppliers
- Smart rebates based on prescription-level data
- XRP-based credit lines for independent pharmacies
- Global payments with low FX and transfer fees
- Immutable audit trails for DSCSA compliance and pricing validation
Wellgistics Moves as XRP Gains Institutional Momentum
This announcement comes amid growing institutional adoption of XRP. CME Group plans to launch cash-settled XRP futures in May 2025. Meanwhile, Mastercard has named XRP as a top bridge asset for global payments in a 2025 report.
Likewise, Ripple’s $1.25 billion acquisition of Hidden Road expands its reach into prime brokerage services. Ripple has also secured regulatory licensing in Dubai while expanding live XRP-powered corridors in Brazil and Portugal.
Essentially, as the infrastructure around XRP matures, Wellgistics seeks to lead a new wave of blockchain adoption in U.S. healthcare. Notably, its decision to adopt XRP as a reserve asset comes amid a growing trend among institutions.
For instance, last December, Worksport announced plans to acquire XRP for its reserve. Moreover, the US government has decided to include XRP in its asset reserve, though with no plans yet to acquire the asset.
