Wellgistics Launches Blockchain-Based Payment System for 6,500 Pharmacies in the U.S.

Published: 18 Aug 2025

Author: Precedence Research

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Wellgistics Health, a major U.S. pharmaceutical distributor with more than 6500 independent pharmacies in the country. They have stated that it will launch its innovative blockchain-based payment platform in March, enabling payments to independent pharmacies. The largest deployment of cryptocurrency payments in American healthcare, this XRP Ledger (XRPL) initiative is powered by one of the safest, fastest, and most cost-effective blockchains for cryptocurrency payments.

The system is developed with RxERP, a major provider of pharmacy software, which enables pharmacies to transfer funds within a few seconds instead of 1-3 days of wire transfers or bank payments. Conventional systems can be anywhere between 10-30 dollars a transaction, which will be under 0.0002 each using XRP. To a small and mid-sized pharmacy operator who is already struggling to maintain profit margins, such efficiencies could bear a seismic effect on both the financial outlook and the customer base served.

The aspect of unreliable payment settlement cycles in independent pharmacies is further associated with slow payment settlement cycles that limit the capacity of independent pharmacies to replenish drugs promptly. Whenever pharmacy owners place orders for medicine, they are often subjected to a wait of several days before their money clears with regular banking channels. This liquidity gap not only creates any disturbance in the management of inventories but also exposes the patients to the risk of late access to essential medicines.

Wellgistics anticipates that 24/7 blockchain payment systems will be completely live soon, as the beta rollout process goes on and onboards more pharmacies. Having nearly 6,500 pharmacies and 200 pharma manufacturers already as part of its network. The company is well-positioned to expand the use of blockchain in the healthcare sector. Furthermore, the reduction of costs to pharmacies in their operations and greater liquidity within the supply chain are potent arguments to adopt blockchain as the foundation of the next generation of healthcare infrastructure.

Executive’s Statement

Brian Norton, CEO of Wellgistics Health:

“Independent pharmacy owners are far more forward-thinking than many realize. They see the power of blockchain and understand how transformative this will be as it scales across the industry.