Webus Invests $300M in XRP for Cross-Border Payments

Webus Invests $300M in XRP for Cross-Border Payments
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Chinese AI firm Webus International has announced a $300 million investment in XRP to streamline cross-border payments. Despite the bullish move, XRP’s price has dipped below a key support level amid broader market liquidations.

  • Webus International allocates $300M to XRP reserves for cross-border payments and blockchain development.
  • XRP's price drops below $2.2 despite the announcement, reflecting broader crypto market liquidations.
  • Partnership with Tongcheng Travel aims to leverage mobility data and create a borderless travel experience.
Related Tags: Bitcoin XRP
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