Webus International Limited has filed a Form 6-K with the SEC regarding its potential 300 million USD XRP reserve strategy. This initiative aims to facilitate instant, low-cost cross-border payments as part of the company’s broader payment solution innovations.
To establish the XRP treasury, Webus plans to utilize cash reserves, loans, and credit facilities. Additionally, a partnership with Tongcheng Travel Holdings is set to enhance domestic mobility services, further advancing Webus’s strategic goals.
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