XRP’s Healthcare Revolution: Wellgistics Secures $50M to Transform Medical Payments

Wellgistics has successfully raised $50 million in funding to develop an innovative XRP-based healthcare payment system. This significant investment, secured through LDA Capital, aims to create an on-demand financial infrastructure that transitions national healthcare networks to blockchain-based payments. CEO Brian Norton highlighted the platform’s potential to streamline connections between manufacturers, pharmacies, and patients while eliminating bureaucratic inefficiencies. This development marks a major step forward for XRP’s adoption in the healthcare sector, potentially driving long-term value for the cryptocurrency.

Wellgistics Secures $50M to Develop XRP-Based Healthcare Payment System

Wellgistics has raised $50 million in funding to develop an XRP-based healthcare payment system. The funds, secured through LDA Capital, will be used to create an on-demand financial infrastructure aimed at transitioning national healthcare networks to blockchain-based payments.

CEO Brian Norton emphasized the platform’s potential to connect manufacturers, pharmacies, and patients while eliminating bureaucratic inefficiencies. "Our blockchain-enabled payment system and ledger is just the next logical step in healthcare evolution," Norton said. "This allows us to hardwire speed, liquidity, and transparency into a system that’s long been starved of all three."

The company selected XRP for its infrastructure due to its advantages in speed and transparency, positioning it as a transformative solution for healthcare payments.

XRP Price at Critical Juncture as Analyst Warns of Potential Crash to $1.9

XRP faces a pivotal moment as it battles to maintain a crucial technical level amid broader market volatility. crypto analyst ’Dom’ warns that failure to breach this resistance could trigger a steep decline to $1.9.

The cryptocurrency recently tested the apex of a 100-day descending trendline, coinciding with key volume-weighted indicators. This convergence has become a decisive battleground between bullish and bearish forces.

Ripple (XRP) Eyes $2.6 Resistance Amid Bullish Momentum

XRP builds momentum as it targets a breakout above $2.6, with recent price action confirming $2.3 as a new support level. The cryptocurrency’s upward trajectory aligns with broader market optimism, though historical resistance NEAR $2.6 remains a critical hurdle.

Technical indicators reinforce the bullish case, with the 3-day MACD turning positive in early May. Market participants watch for sustained buying pressure that could propel XRP toward $3, a level last tested during March’s rally.

Ripple CEO Slams 48-49 Senate Stall – Will Regulatory Void Cost U.S. Billions?

Ripple CEO Brad Garlinghouse criticized the U.S. Senate’s narrow 48-49 vote against the GENIUS Act, warning that the regulatory delay could cost the country billions in the booming stablecoin market. Garlinghouse took to social media to emphasize the global surge in stablecoin adoption, citing recent developments across crypto, fintech, and traditional finance.

U.S. Treasury Secretary Scott Bessent echoed concerns, stating that each day of inaction hands global competitors an advantage in the race for dollar-pegged tokens. The lack of clear regulations threatens to leave the U.S. behind as stablecoins gain traction for real-world applications.