Wellgistics Uses XRP to Facilitate $50 Million Real-Time Pharma Payments

Pharmaceutical company Wellgistics has made a significant move in utilizing XRP for real-time payments, securing a $50 million funding deal. This decision aims to streamline payments and reduce traditional banking delays and foreign exchange (FX) costs often associated with global supply chains. The integration of XRP technology will enable faster settlements, enhanced transparency, and lower transaction fees, offering major advantages over conventional methods.