XRP Ledger Powers New Pharmacy Payment System for Nasdaq-Listed Wellgistics

Wellgistics Health Inc. is rolling out an XRP Ledger (XRPL)-based payment platform for over 6,500 pharmacies, aiming to cut costs, accelerate settlement, and expand blockchain’s role in healthcare finance.

• XRPL payment program live: Wellgistics Health has launched an XRP Ledger-powered system for thousands of U.S. pharmacies and 200 manufacturers.
• Instant payments & lower fees: Pharmacies can now settle invoices instantly, bypassing credit card fees and banking delays.
• Treasury moves into XRP: In May, Wellgistics revealed plans to adopt XRP as a reserve asset.
• Compliance ready: The program meets HIPAA and AML standards, with future plans to expand to manufacturers and direct-to-patient models.

Wellgistics Health Inc. (Nasdaq: WGRX), a U.S.-listed pharmaceutical distributor, has launched a blockchain-based payment system built on the XRP Ledger. The initiative will allow more than 6,500 pharmacies to pay for drug inventory in real time, avoiding traditional banking slowdowns and high transaction costs.

Integrated with RxERP, the system provides serialized drug tracking, direct settlement between pharmacies and distributors, and significantly lower payment processing expenses. Pharmacies can now join the beta program, which CEO Brian Norton says has been met with strong enthusiasm.

The new platform strengthens Wellgistics’ broader blockchain strategy. In May 2025, the company announced it would adopt XRP as a treasury reserve asset, backed by a $50 million credit line to support programmable liquidity across its healthcare network.

Looking ahead, Wellgistics plans to expand the XRPL-based program to manufacturers and even test direct-to-patient delivery models, enabling drugmakers to ship medications directly to patients under physician oversight.

Despite ambitious blockchain moves, Wellgistics stock has struggled since its February IPO, down more than 80% from debut levels, closing at $0.62 Tuesday before ticking up slightly in after-hours trading. Its current market cap stands near $47 million.By embedding XRPL into both its payment infrastructure and treasury strategy, Wellgistics is positioning itself as a pioneer in blockchain adoption for healthcare finance—both as a user and a backer of the technology.