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Florida Pharma Giant Ditches Banks—Executes $50M Financing Deal Via XRP’s Real-Time Rail

Florida Pharma Giant Ditches Banks—Executes $50M Financing Deal Via XRP’s Real-Time Rail

Author:
CoindeskEN
Published:
2025-05-09 07:26:08
6
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Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal

Ripple’s cryptocurrency cuts through legacy payment sludge as healthcare jumps on blockchain efficiency. The deal—structured to bypass 3-day ACH delays—sends a clear signal: institutional adoption isn’t coming, it’s here.

Wall Street analysts still scrambling to explain how ’magic internet money’ now handles 8-figure pharma supply chain deals. Bonus points for the CFO who somehow expense-reported this as ’SWIFT fee optimization’.

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