EARTHQUAKE IN XRP!
Chinese Giant Webus announces a treasury of $300 MILLION in #xrp
Is Global Corporate Adoption of #Ripple Taking Off in Asia?
Webus International, a prominent automotive and hospitality company based in China, has made a bold move that has caught the attention of the global crypto community.
The company has filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC), detailing its plans to establish a corporate treasury focused on XRP of $300 million.
Integration of the Ripple Network: Beyond the treasury investment, Webus also announced that it will integrate Ripple's blockchain-based payment network into its operations. This will streamline cross-border transactions and enhance the transparency of reserves in its travel and hospitality services.