"XRP Integration Revolutionizes Wellgistics Health Payment Infrastructure"

Wellgistics Health to integrate XRP into payment infrastructure

Wellgistics Health, a healthcare infrastructure company, has announced its plans to integrate XRP and related technologies into its payment network. This integration aims to streamline transactions between pharmacies, medical suppliers, and prescription medication manufacturers. The company's decision to incorporate XRP was based on the finality time of XRP transactions and the reduced transaction costs, which are fractions of a penny compared to legacy financial architecture such as automated clearinghouse (ACH) payments or wire transfers.

According to Brian Norton, CEO of Wellgistics Health, "I believe that the future winners in healthcare will not be the companies with the biggest buildings, they will be those with the fastest rails, cleanest data, and most efficient platforms. We are betting on infrastructure — not inertia."

The integration of XRP is expected to reduce cross-border friction and enable real-time settlement of transactions between different businesses in the supply chain. This move will significantly enhance the efficiency and speed of transactions, benefiting all parties involved.

Blockchain payment rails and cryptocurrencies have the potential to lower international transaction costs, thereby creating new business opportunities and expanding global trade. Residents in developing economies can also benefit from these advancements.

Legacy banking system pushes back against crypto innovation

Cryptocurrencies like Bitcoin disintermediate banks and financial institutions by providing peer-to-peer transactions over a trustless network. Other cryptocurrencies, such as stablecoins and altcoins, also offer trading on blockchain payment rails, enhancing accessibility and usability.

However, banks and legacy financial institutions have shown resistance to crypto innovations. In March 2025, the banking industry opposed the GENIUS stablecoin bill, citing concerns about market share erosion and potential threats to traditional financial services.

US Senator Elizabeth Warren advocated for stringent regulations that would mandate stablecoin firms seeking to operate in the United States to collaborate with established financial institutions for oversight. Despite bipartisan support, the bill failed to advance to a floor vote in May 2025 due to opposition from Democratic senators.