🚨Air China's XRP Payment Integration Plan
Air China partner #Wetour plans to add XRP payment options to its more than 60 million #PhoenixMiles frequent flyer program members through overseas platforms, such as airport transfers and premium chauffeur bookings. However, China's strict ban on crypto assets means that XRP payments will only be available in legal markets, not within China.
#Nasdaq -listed #Webus also plans to invest hundreds of millions of dollars in #xrp reserves to support its cross-border blockchain payments strategy. XRP's speed (3-5 seconds) and low fees (<1 cent) make it suitable for large-scale transactions.
Overall, this plan seems promising — but is limited by regulations and requires further international implementation.