Wellgistics Unveils Strategic Plan to Use XRP in Healthcare Payments
The post Wellgistics Unveils Strategic Plan to Use XRP in Healthcare Payments appeared on BitcoinEthereumNews.com.
Wellgistics adopts XRP for treasury, payments, and healthcare logistics innovation. XRP to power real-time transactions among pharmacies, vendors, manufacturers. Company may use XRP reserves as collateral for raising capital. Wellgistics Health, Inc. has taken a major step toward blockchain adoption by filing a Form S-1 with the U.S. Securities and Exchange Commission (SEC). The roadmap is a multi-stage plan to use XRP in the company’s treasury operations, payment solutions, and capital strategy. This follows the announcement in May that Wellgistics had received a $50 million equity credit line with LDA Capital, through which it would get flexible funding on its way to a blockchain-based financial model. Company Eyes Revenue Streams from XRP Holdings Firstly, the corporation will maintain XRP as a central component of its treasury holdings. Wellgistics will also use XRP Ledger (XRPL) to enable a real-time payment system in addition to holding XRP. This system will be created to achieve quick and cheap transactions among the company, its pharmacy customers, manufacturers, and vendors. The filing referred to this as making the XRPL have actual utility in the field of healthcare logistics. Moreover, Wellgistics revealed that it could utilize XRP reserves as collaterals when seeking capital. This would enable the company to tap into liquidity without fully relying on traditional short-term loans. The firm feels that this will aid in slashing financial risk, diversify the sources of funds as well as enhancing the efficiency of the balance sheet. Besides payment and collateral in the XRP, Wellgistics will also make revenue out of its XRP assets. The filing does not yet reveal what mechanisms are behind this, yet it is clear that the additional income streams might help to further reinforce the standing of the company financially. The set of multi-use cases associated with treasury reserve, collateral, income generation, and…
Filed under: News - @ July 27, 2025 12:26 am