Wellgistics Health, a healthcare company listed on the U.S. stock market, launches an XRP payment program and receives $50 million in credit support

TechFlow, May 8 — According to Globe Newswire, Wellgistics Health, Inc. (Nasdaq: WGRX), a U.S.-listed healthcare company, announced the launch of an XRP-based payment program supported by a $50 million equity line of credit (ELOC). The initiative aims to use XRP as a corporate reserve asset and real-time payment infrastructure to eliminate banking delays, reduce costs, and enhance transparency.

Wellgistics CEO Brian Norton stated that the move is intended to bring speed, transparency, and liquidity to the healthcare industry through blockchain technology, driving transformative change in the sector.