$XRP Strategic Reserve #Webus International Files for $300M Treasury

China-based Webus International has submitted #SEC documentation outlining plans for a $300 million $XRP Forced corporate treasury.

The firm will fund the initiative through loans and credit facilities rather than issuing new shares.

Webus aims to integrate #Ripple💰 's payment network for streamlined cross-border payments across its global chauffeur services.

The move follows VivoPower International's similar $121 million $XRP treasury announcement, signaling growing corporate adoption.

Company shares jumped 9% in early trading following the SEC filing disclosure.

The company intends to use the #XRPledger to settle cross-border rides and driver payouts efficiently.

XRP gained 2% in the past 24 hours alongside muted gains across the broader #cryptocurrency market.