Wellgistics Adopts XRP for Payments and Treasury Use

Wellgistics, a Florida-based pharmaceutical distribution company, has announced it will integrate XRP as both a real-time payment rail and treasury management asset

Florida-based pharmaceutical distribution company Wellgistics will integrate XRP for both payments and treasury management, becoming one of the first publicly-named firms in the healthcare supply chain to do so.

The company, which distributes medications to pharmacies throughout the U.S., announced Thursday that it aims to modernize payment infrastructure for pharmacies, suppliers, and manufacturers with faster settlements and lower fees using the XRP Ledger.

Wellgistics highlighted how traditional wire transfers can take up to three days and cost between $10 and $30 per transaction. In contrast, XRP transactions finalize in 3–5 seconds, with average costs under one cent, and without the friction of geographical constraints.

“We challenge the idea that healthcare has to be tethered to legacy systems, bloated intermediaries, and slow-moving money,” said CEO Brian Norton.

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$50 Million Credit Facility to Fund Integration

To support its XRP initiative, Wellgistics has secured a $50 million ELOC (expandable line of credit). The funds will help finance both the integration and the build-out of an XRP treasury reserve.

The company also hinted at broader ambitions, including programmable liquidity and on-demand payment systems for the healthcare industry.

The move places Wellgistics at the forefront of blockchain adoption in the medical supply space, as digital asset use cases continue expanding beyond finance and into enterprise operations.