XRP News Today: Wellgistics Health Launches XRP Payment Program for 6,500 Pharmacies

Wellgistics Health has announced the launch of a blockchain-based XRP payment program, marking a significant development in its operations and in the adoption of digital assets within the healthcare sector. The initiative was confirmed in a recent filing with the U.S. Securities and Exchange Commission (SEC), and it represents a strategic move to enhance payment efficiency for independent pharmacies. According to the filing, the program officially commenced on August 3, 2025, and is already in the onboarding phase with participating pharmacies [1]. The initiative, described as an “XRP-based payment solution at scale,” is not a trial but a full operational rollout, emphasizing the company's commitment to blockchain integration [2].

The program allows pharmacies to make instant, low-cost payments for products using XRP, a digital asset known for its fast transaction times and low fees. By leveraging the XRP Ledger (XRPL), Wellgistics Health aims to reduce reliance on traditional banking and credit card networks, offering independent pharmacies a more direct and cost-effective payment method. The company serves over 6,500 pharmacies and 200 manufacturers nationwide, positioning it to potentially bring blockchain-based transactions to a broad segment of the pharmaceutical supply chain [3].

In support of the initiative, the company has begun distributing enrollment forms to pharmacies, inviting them to sign up for the program by providing detailed information such as names, contact details, and NPI numbers. This active onboarding process, highlighted by prominent digital asset advocate Bill Morgan, confirms the program is already in motion [4]. The initiative has drawn attention for its real-world application of XRP, demonstrating its utility in a regulated industry like healthcare [5].

Wellgistics Health has also taken other financial steps to support its strategic direction. On August 14, 2025, the company terminated its equity line of credit, a move it said would reinforce financial discipline and preserve shareholder equity [6]. Additionally, the company announced an $8.1 million debt-to-equity conversion, further strengthening its balance sheet and supporting the rollout of the XRP payment program [7].

The integration of XRP into the pharmacy payment system reflects a broader trend of blockchain adoption in healthcare. By ensuring compliance with regulations such as HIPAA and anti-money laundering (AML) standards, the company is addressing key concerns in the sector and setting a precedent for the use of digital assets in traditional industries. This development could influence investor sentiment toward XRP, especially as blockchain-based solutions gain traction in regulated environments [8].

The initiative has been covered by multiple financial outlets, with many emphasizing the strategic and operational benefits of the XRP integration. While the long-term impact of the program remains to be seen, it underscores the growing intersection between blockchain technology and healthcare infrastructure. Wellgistics Health’s actions highlight a well-planned execution strategy, with clear objectives around cost reduction, regulatory compliance, and operational efficiency [9].

Source:

[1] Times, [https://timestabloid.com/wellgistics-health-takes-xrp-payment-to-the-next-level-heres-what-latest-sec-filing-says/](https://timestabloid.com/wellgistics-health-takes-xrp-payment-to-the-next-level-heres-what-latest-sec-filing-says/)

[2] Fox, [https://fox59.com/business/press-releases/accesswire/1060334/wellgistics-health-nasdaq-wgrx-launches-xrp-payment-program-for-independent-pharmacies](https://fox59.com/business/press-releases/accesswire/1060334/wellgistics-health-nasdaq-wgrx-launches-xrp-payment-program-for-independent-pharmacies)

[3] AInvest, [https://www.ainvest.com/news/xrp-news-today-wellgistics-health-launches-xrp-payments-program-cut-costs-boost-efficiency-pharmacy-sector-2508/](https://www.ainvest.com/news/xrp-news-today-wellgistics-health-launches-xrp-payments-program-cut-costs-boost-efficiency-pharmacy-sector-2508/)

[4] CoinMarketCap, [https://coinmarketcap.com/community/articles/689f0768be58e26e9d0bd824/](https://coinmarketcap.com/community/articles/689f0768be58e26e9d0bd824/)

[6] Barchart.com, [https://www.barchart.com/story/news/34148902/wellgistics-health-terminates-equity-line-of-credit-to-further-support-growth-strategy](https://www.barchart.com/story/news/34148902/wellgistics-health-terminates-equity-line-of-credit-to-further-support-growth-strategy)

[7] Investing.com, [https://www.investing.com/news/company-news/wellgistics-health-launches-xrp-blockchain-payment-program-for-pharmacies-93CH-4188364](https://www.investing.com/news/company-news/wellgistics-health-launches-xrp-blockchain-payment-program-for-pharmacies-93CH-4188364)

[8] Times, [https://timestabloid.com/heres-why-you-should-hold-xrp-in-august/](https://timestabloid.com/heres-why-you-should-hold-xrp-in-august/)