Chinese Logistics Firm to Build $300M XRP Reserve for Cross-Border Payments ๐๐ธ
Webus International Limited, a logistics company based in China, has announced a strategic partnership with Samara Alpha Management to file a Form 6-K with the U.S. Securities and Exchange Commission (SEC). The goal: to integrate XRP as a strategic payment asset in its financial operations.
Under the agreement, Samara Alpha will act as Webusโs exclusive digital asset manager โ overseeing a $300 million XRP reserve intended for both long-term holding and payment utility.
๐ Key Highlights:
The move aligns with a growing trend of corporations adopting crypto as part of their treasury strategy.
Webus aims to leverage XRP for cross-border transactions, enhancing speed and lowering transaction costs.
Beyond logistics, the firm also plans to deploy XRP across its mobility and hospitality sectors, boosting transparency and booking efficiency.
> This marks another major step toward real-world utility and institutional adoption of XRP โ bringing crypto closer to mainstream enterprise finance.
