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Webus International’s $300M XRP Reserve Initiative to Revolutionize Cross-Border Payments

Webus International’s $300M XRP Reserve Initiative to Revolutionize Cross-Border Payments

Author:
XRP News
Published:
2025-05-30 09:08:30
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a groundbreaking move, Nasdaq-listed Webus International has announced a $300 million fundraising initiative to establish a strategic XRP reserve, aimed at streamlining cross-border transactions for its premium mobility services. This bold step underscores the growing adoption of XRP in the financial sector and highlights the company’s commitment to leveraging blockchain technology for efficient and seamless global payments. With the current xrp price at 2.18450000 USDT, this development could potentially drive further interest and investment in the cryptocurrency. CEO Nan Zheng has positioned the XRP reserve as a cornerstone of three blockchain initiatives, signaling a transformative approach to cross-border transactions. By avoiding equity dilution through bank loans, credit lines, and existing capital, Webus International is setting a precedent for how companies can integrate digital assets into their financial strategies. This announcement not only bolsters XRP’s utility but also reinforces its role as a key player in the future of global finance.

China’s Webus International Plans $300M XRP Reserve for Cross-Border Payments

Nasdaq-listed Webus International unveiled a $300 million fundraising initiative to establish a strategic XRP reserve, aiming to streamline cross-border transactions for its premium mobility services. The AI-powered chauffeur company will avoid equity dilution by leveraging bank loans, credit lines, and existing capital.

CEO Nan Zheng positioned the reserve as a cornerstone of three blockchain initiatives, including proprietary settlement infrastructure and Web3 loyalty tokens. "Our potential XRP implementation can eliminate traditional payment friction," Zheng stated, highlighting synergies with the firm’s domestic Tongcheng Partnership network.

The reserve will facilitate real-time fare settlements through integrated wallets, though executives noted plans remain subject to due diligence. The announcement follows closely on VivoPower International’s recent crypto-related disclosure, signaling growing enterprise adoption of digital assets for operational efficiency.

China’s Webus Announces $300M XRP Strategic Reserve Amid Price Stagnation

XRP’s institutional adoption gains momentum as Webus International, a Chinese AI firm, unveils plans for a $300 million strategic reserve. The initiative targets global payment efficiency without equity dilution, funded through bank loans and institutional credit. WETO stock surged 88% on the news, while XRP’s price remained flat at $2.19.

The reserve aims to revolutionize cross-border settlements with real-time transactions and reduced costs. Webus concurrently develops a proprietary blockchain system integrating travel services with crypto wallets and Web3 loyalty programs, signaling deeper crypto integration in enterprise operations.

Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges

Chinese AI-driven mobility firm Webus International Limited is making a bold move into cryptocurrency with plans to establish a $300 million XRP reserve. The company aims to streamline chauffeur payments through blockchain integration, though market reaction remains muted.

Webus will fund the initiative via non-equity financing options including bank loans and institutional credit lines. CEO Nan Zheng sees synergies between this MOVE and their renewed partnership with Tongcheng Travel Holdings, a major Chinese tourism operator.

Despite the substantial commitment, XRP markets showed limited immediate response. The token’s price stability suggests investors remain cautious about real-world adoption metrics versus speculative positioning.

Ripple’s Hidden Road Launches Crypto OTC Brokerage in U.S.

Hidden Road, the prime brokerage platform recently acquired by Ripple, has officially launched a digital assets prime brokerage for the U.S. market. The new offering provides institutional investors with access to over-the-counter (OTC) crypto swaps, a significant step in addressing the under-served U.S. digital asset market.

The service will enable U.S.-based institutional clients to execute cash-settled OTC swaps across multiple tokens, operated through Hidden Road’s UK-based, FCA-regulated entity. Cross-margining and financing services for digital assets are also included in the expansion.

"OTC swaps represent a substantial portion of global digital asset trading volumes, yet they’ve been largely inaccessible to U.S. institutions until now," said Michael Higgins, International CEO of Hidden Road. The move aligns with Ripple’s $1.25 billion acquisition of Hidden Road in April, aimed at expanding the platform’s global reach as a non-bank prime broker in the digital asset space.

|Square

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