Key Information:

• Wellgistics Health has initiated a payment system utilizing the XRP Ledger (XRPL) for over 6,500 pharmacies.
• The distributor announced plans to also use XRP as a treasury reserve asset.

Wellgistics Health Inc. is implementing an XRP Ledger-based payment method for many pharmacies throughout the U.S. This move focuses on enhancing blockchain utilization in the healthcare finance sector.

The Nasdaq-listed company (WGRX) has revealed that this new platform allows pharmacies to immediately pay for pharmaceutical inventory, thus eliminating banking delays and costly credit card fees. The program, integrated with RxERP, a serialized pharmaceutical e-commerce and enterprise resource planning system, is designed to ensure real-time tracking, lower costs, and direct settlements between pharmacies and suppliers.

The system, which complies with strict regulations including HIPAA and anti-money laundering laws, enables pharmacies to settle invoices through XRPL. Following the initial rollout for pharmacies, Wellgistics plans to extend this platform to manufacturers and explore direct-to-patient programs.

This initiative is based on a previous announcement from May 2025, in which Wellgistics indicated its intent to utilize XRP not just for payments but also to hold it as a reserve asset, backed by a $50 million equity line of credit.

Founded in 2016, Wellgistics was initially established as Wellgistics LLC and has undergone substantial transformation, currently offering wholesale distribution, prescription routing, and AI-powered services to pharmacies nationwide. Following a decline in share value of over 80% since its February debut, the market cap stands at approximately $47 million, with shares trading recently around $0.65 after-hours.

By connecting pharmacy payments with the XRP Ledger and planning to retain XRP on its balance sheet, Wellgistics is positioning itself as a significant player in blockchain technology.