Wellgistics Health to cut payment costs with XRP at $0.02

Wellgistics Health announced plans to integrate XRP (CRYPTO:XRP) and related blockchain technologies into its payment system to reduce transaction costs and speed up payments across its healthcare network.

The company aims to streamline financial exchanges between pharmacies, medical suppliers, and prescription manufacturers by leveraging XRP’s fast transaction finality and low fees, which are fractions of a cent compared to traditional methods like ACH or wire transfers.

“I believe that the future winners in healthcare will not be the companies with the biggest buildings, they will be those with the fastest rails, cleanest data, and most efficient platforms. We are betting on infrastructure - not inertia,” said Brian Norton, CEO of Wellgistics Health.

The integration of XRP is expected to enable real-time settlement of cross-border transactions, reducing friction in the supply chain and improving efficiency.

Blockchain payment rails and cryptocurrencies have the potential to lower international transaction costs significantly, opening opportunities for global trade, especially in developing economies.

Unlike legacy banking systems, cryptocurrencies such as Bitcoin (CRYPTO:BTC) operate on decentralised, censorship-resistant networks that allow peer-to-peer transactions without intermediaries.

However, traditional banks and financial institutions have opposed some regulatory efforts around stablecoins, fearing loss of market share.

In March 2025, the GENIUS stablecoin bill faced resistance from banks and some lawmakers, including Senator Elizabeth Warren, who sought provisions requiring stablecoin issuers to operate under established financial institutions’ oversight.

Despite bipartisan support, the bill did not reach a floor vote by May 8 due to opposition from Democratic senators.

At the time of reporting, the XRP (XRP) price was $2.31.