Wellgistics Health, a healthcare infrastructure company, announced on May 8 that it will integrate XRP and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers, and prescription medication manufacturers. The company cited XRP’s finality time for transactions and reduced costs as key factors for choosing XRP over legacy financial systems like ACH payments or wire transfers. Brian Norton, CEO of Wellgistics Health, emphasized the importance of fast, efficient platforms in healthcare. The integration of XRP is expected to reduce cross-border friction, enabling real-time settlements between businesses in the supply chain. Blockchain payment rails and cryptocurrencies can significantly lower international transaction costs, providing new business opportunities and expanding global trade, especially in developing economies. On the other hand, the legacy banking system faces challenges due to crypto innovation. Cryptocurrencies such as Bitcoin disintermediate traditional financial institutions by offering peer-to-peer transactions over decentralized, censorship-resistant networks. Despite pushback from banks, stablecoins and altcoins continue to gain popularity for their ability to trade on blockchain payment rails without market closures. In March 2025, the banking industry opposed the GENIUS stablecoin bill, fearing erosion of market share and potential displacement by stablecoins. US Senator Elizabeth Warren advocated for oversight of stablecoin issuers by established financial institutions. However, the bipartisan bill failed to advance to a floor vote on May 8 after facing resistance from Democratic senators. This clash highlights the ongoing debate between traditional banking systems and emerging crypto technologies.