Webus International Limited plans to invest 300 million USD in utilizing XRP for global payment solutions. The funding will be sourced from non-equity methods such as bank loans and institutional credit.
An XRP reserve will be created to facilitate quicker and more cost-effective international payments, benefitting both Webus and its customers.
CEO Nan Zheng highlights a strategic alliance with Tongcheng Travel to improve travel quality, addressing payment delays for international trips.
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