The post Wellgistics Launches Blockchain Payment System for 6,500 US Pharmacies appeared on BitcoinEthereumNews.com.

This marks the biggest deployment of cryptocurrency payments in healthcare to date. The system runs on the XRP Ledger, offering pharmacies instant payments instead of waiting days for traditional bank transfers. A major pharmaceutical distributor just made crypto payments a reality for thousands of pharmacies across America. Wellgistics Health rolled out its XRP-powered payment system on August 13, 2025, letting over 6,500 independent pharmacies process drug purchases using blockchain technology. How the New Payment System Works The XRP Implementation Program works through a partnership with RxERP, a pharmacy software company. Pharmacies can now pay suppliers and move money in seconds rather than the usual 1-3 days needed for wire transfers or bank payments. The blockchain system cuts costs dramatically. Traditional bank wires cost $10-$30 per transaction, while XRP transfers cost less than $0.0002 each. For small pharmacy owners dealing with tight profit margins, these savings add up quickly. Brian Norton, CEO of Wellgistics Health, said pharmacy owners understand the benefits. “Independent pharmacy owners are far more forward-thinking than many realize,” Norton explained. “They see the power of blockchain and understand how transformative this will be as it scales across the industry.” The system handles compliance requirements that are crucial in healthcare. All payments meet HIPAA privacy rules and anti-money laundering laws. Every transaction gets recorded on the XRP Ledger, creating a permanent record for audits and tracking. Why Pharmacies Need Faster Payments Independent pharmacies face serious cash flow problems with traditional payment systems. When they order drugs from suppliers, they often wait days for payments to clear. This delay makes it harder to restock inventory quickly when patients need medications. Source: @RippleXity The new blockchain system solves this problem by settling payments instantly. Pharmacies can now reorder supplies immediately after making payments, improving their ability to serve patients. The 24/7…

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Filed under: News - @ August 17, 2025 8:18 pm