Highlights
As the crypto community awaits positive news in the ongoing XRP lawsuit, another is trending in the market today. Although the Ripple vs SEC legal issue is always the centre of the topic, another debate is ‘XRP has no utility,’ where many experts allege that the token lacks utility. However, that is getting debunked soon, as a new SEC filing highlights the utility of this token.
According to the S-1 SEC filing, the Nasdaq-listed health company, Wellgistics Health, plans to integrate XRP and the XRPL into operations. Notably, this revolutionizes the company’s payment infrastructure, but also brings the most bullish news for the XRP holders.
Interestingly, the renowned healthcare firm intends to use XRP and XRPL to facilitate real-time, low-cost B2B transactions. More importantly, they would also raise capital through equity and debt offerings to purchase the Ripple tokens.
This way, XRP will not serve only as a reserve asset but as collateral for future financial, i.e., acting as a source to generate income. Moreover, there are also plans to spend $50M that Wellgistics gained from the LDA Capital to develop XRP infrastructure and more.
This single move alone could dispel the concerns over the Ripple token’s utility doubts.
Under the constant pressure of the Ripple vs SEC lawsuit, the XRP price struggles, resulting in allegations over its performance and use case. Many investors and experts have doubted its performance, and even alleged that XRP would die since the RLUSD is live and whatnot. However, now, after this XRP news, experts like Marc Fagel, Ali, and others believe the end of these myths is here.
In an X post, Marc Fagel reveals that Wellgistics Health’s SEC filing is more than a simple operations plan. Instead, it is a complete blueprint for integrating it across multiple layers of corporate finance and operations, as it extensively mentions the Ripple token.
In that, XRP’s usage as treasury reserve, payment via XRPL, capital raising, collateralization, and more become the highlights.
What I have gathered from reading the S-1 form filed with the SEC today by Wellgistics Health is incredibly revealing. It is more than just a company using XRP in its treasury reserve.
This is a summary of what the filing revealed:
1. WH is not only planning to hold XRP as a…
— bill morgan (@Belisarius2020) July 25, 2025
Overall, experts believe that this is not a mere theoretical adoption but real-world utility and challenges the ‘XRP has no utility’ myth. Interestingly, crypto investor Xaif has assessed that the XRP price outperformed major altcoins with a 12.6% spike recently.
More importantly, he claimed that this is utility-driven growth, not hype, challenging the questions.
Notably, not all are bullish on this XRP news; some, like Marc Fagel, have raised doubts on the need for a health firm to have a stockpile.
Former U.S. SEC Chair Gary Gensler appeared on CNBC's "Squawk Box" and addressed his concerns…
Dogecoin (DOGE), the pioneering meme coin, has taken a hit as the crypto market crashed…
Ethereum (ETH) experienced a drop of around 3% in the past 24 hours, to trade…
The cryptocurrency market is expecting a big week ahead, as the U.S. Federal Reserve prepares…
The crypto market was buzzing this week with big whale moves, fresh economic reports, new…
Pepe Coin price is outperforming other mainstream meme coins today, soaring around 13% over the…