Digital asset advocate Bill Morgan highlights Wellgistics Health’s latest SEC filing, which reveals the company officially launched its XRP integration program yesterday. This move positions the healthcare supply chain towards blockchain-based payment solutions, enabling pharmacies to pay for products and transfer funds swiftly and affordably. 6,500 independent pharmacies and 200 manufacturers already utilize Wellgistics’ services, with a potential reach of thousands across the nation through this initiative.
The program is designed to reduce dependence on traditional banking systems and credit card networks, giving pharmacists direct access to blockchain-based payment options. Wellgistics Health claims its XRP-based solution enables instant settlement at a low cost and signifies a move beyond just a limited trial, as pharmacies are already being enrolled into the program now.
Morgan shares that the company has begun onboarding pharmacies for this new program and emphasizes that it’s not just a future plan but an active process underway.
This program marks a significant step forward for XRP adoption in the pharmaceutical supply chain. With Wellgistics Health actively onboarding pharmacies into its XRP program, the filing demonstrates real-world utility and use for XRP and the XRPL. The initiative highlights the practical application of XRP for instant transactions and cost efficiency within the industry.