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Over 6,500 Pharmacies Gain Access to XRP Payment Solution via Wellgistics

Wellgistics Health launches an XRP Ledger–powered payment platform with RxERP, enabling faster, compliant pharmacy transactions and positioning blockchain in the $1.4 trillion U.S. pharmaceutical trade sector.

XRP

Fact Check
The statement is strongly corroborated by all provided evidence. Multiple independent sources, including crypto-focused and mainstream financial news outlets, consistently report that Wellgistics is providing access to an XRP-based payment solution for its network of over 6,500 pharmacies.
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Summary

Wellgistics Health officially announced the rollout of its XRP Ledger–based payment system to over 6,500 U.S. pharmacies, integrating with RxERP to streamline wholesale drug purchases. The platform allows instant payments between pharmacies and distributors, bypassing banking delays and high card fees, while ensuring compliance with HIPAA and anti-money laundering rules. Pharmacies can join a beta program, with future expansion planned for manufacturers and direct-to-patient programs. This move follows Wellgistics’ May 8 plan to use XRP for payments and as a treasury asset, backed by a $50 million equity line. Meanwhile, RippleX has released XRP Ledger version 2.5.0, introducing escrow upgrades, multi-purpose institutional tokens, and improved transaction processing amid a surge in active addresses.

Terms & Concepts
  • XRP: A cryptocurrency developed by Ripple Labs designed for fast, low-cost cross-border transactions.
  • XRP Ledger: A decentralized, open-source blockchain backed by Ripple Labs that enables quick, secure, and low-cost transactions.
  • XLS-85 amendment: A protocol upgrade to the XRP Ledger enhancing escrow capabilities, introducing multi-purpose tokens, and supporting third-party issued tokens.