Wellgistics Health, Inc.’s adoption of XRP for real-time payments, alongside major institutions like Santander and J.P. Morgan, is driving XRP’s mass adoption. With an 85% chance of SEC ETF approval and a bullish price at $2.43, XRP is reshaping global finance.
More and More Institutions Integrating XRP as a Payment Method
On May 8, 2025, Wellgistics Health, Inc., a Florida-based pharmaceutical distributor, announced its plan to adopt XRP for real-time payments and treasury management, backed by a $50 million Equity Line of Credit (ELOC).
⚡ NEW: Florida pharma firm Wellgistics to use $XRP for real-time payments in $50M financing deal, aiming to cut banking delays, FX costs, and boost supply chain efficiency. pic.twitter.com/FurfwJRjhy
— Cointelegraph (@Cointelegraph) May 9, 2025
Wellgistics aims to streamline the healthcare supply chain using XRP’s blockchain for instant, low-cost transactions. Traditional wire transfers, costing $10-$30 and taking days, are inefficient compared to XRP’s 3-5 second settlements with sub-cent fees. Serving over 6,000 pharmacies, Wellgistics will use XRP for payments between suppliers, pharmacies, and manufacturers, while holding XRP in its treasury for liquidity. The $50 million ELOC will fund this integration, build reserves, and explore innovations like programmable liquidity and smart rebates.
The adoption of XRP by traditional corporations like Wellgistics Health, Inc., alongside other major players such as MoneyGram, Cuallix, and Mercury FX, is accelerating a path toward mass adoption, fundamentally reshaping global financial systems.
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XRP is Leading The Way of Mass Adoption
Several institutions have adopted XRP or Ripple’s technology for cross-border payments and financial operations, though some use RippleNet without directly leveraging XRP.
- Santander Bank: Utilizes RippleNet for its One Pay FX service since 2018 to enable faster international transfers, though it primarily uses Ripple’s blockchain without requiring XRP.
- Bank of America: Starting in 2025, has explored XRP for blockchain-based settlements to enhance interbank payment efficiency, with reports suggesting its use for internal transactions.
- J.P. Morgan Chase: Announced in 2024 that it accepts XRP for credit card and mortgage payments, integrating XRP into its payment systems.
- Standard Chartered: Partners with Ripple since 2016 to leverage XRP for cross-border remittances, particularly in Asia, to reduce costs and settlement times.
- SBI Holdings (Japan): A strong advocate for XRP, using it for remittance services through SBI Remit, with over 80% of Japanese banks expected to integrate Ripple’s solutions by 2025.
- Cuallix: A 2018 early adopter of Ripple’s xRapid (now On-Demand Liquidity), using XRP for cheaper U.S.-Mexico cross-border payments.
- National Bank of Abu Dhabi (First Abu Dhabi Bank): The first Middle Eastern bank to use Ripple for international transfers, focusing on its $19 billion remittance market in 2017.
- Commercial International Bank (Egypt): Partners with Ripple in 2024 to enable blockchain-based payments and explore NFT integrations.
These institutions highlight XRP’s growing role in global finance, though adoption varies between using XRP directly (e.g., via On-Demand Liquidity) or RippleNet’s broader blockchain solutions. Regulatory clarity, especially post-SEC lawsuit, continues to influence broader uptake.
Read more: Bullish Signal for XRP and Ripple
XRP Price Impact: Bullish Momentum Building
XRP is currently trading at $2.43 with an 11.5% weekly gain. Analysts see XRP testing resistance at $3.40, with $3.80 or $5.00 possible if momentum holds.
Source: Coinmarketcap
The sentiment surrounding XRP is very positive as investors wait for the SEC to approve an XRP ETF soon, in addition to the fact that it has been integrated by significant international institutions.
According to Bloomberg, the XRP ETF has an 85% chance of being approved because of its high liquidity and clear legal status after the SEC lawsuit ended in March 2025. Institutional investors are showing a great deal of interest in this optimism, which is also driving price momentum.
