XRP Powers Webus’s $300M Plan for Global Payments

XRP has taken another leap toward mainstream adoption as Webus International announced a bold move to allocate up to $300 million toward building a treasury reserve in the cryptocurrency. The company, known for its AI-driven mobility solutions, aims to establish an XRP-based infrastructure to streamline global payments and reduce cross-border friction.

As of May 29, 2025, Webus disclosed that the treasury funding will be raised via a non-equity financing strategy. This means the company will not issue new shares, but instead rely on means like commercial loans, internal capital, shareholder support, and institutional financing. This approach is designed to preserve shareholder value while injecting liquidity into the project’s XRP reserve.

The firm’s CEO, Nan Zheng, emphasized that this initiative is part of a broader mission to empower global operations through blockchain technology. The primary goal is to implement near-instant international payments for Webus’s chauffeur services, particularly for settlements related to bookings, fares, and driver payouts. Leveraging XRP’s capabilities, the project targets economic efficiency and seamless borderless travel experiences.

The XRP reserve is only the first of three planned pillars within Webus’s upcoming strategic roadmap. In addition to the treasury, the company plans to build its own blockchain-based infrastructure and speed up its expansion into international markets. However, Zheng clarified that the timeline for these developments remains flexible, and the size of the XRP allocations could vary according to prevailing market conditions.

Notably, Webus intends to use in-house wallets directly integrated with its operational network. These wallets are expected to process rider payments and disburse immediate driver earnings, harnessing the speed and cost-efficiency of the XRP Ledger.

Strengthening their global outreach further, Webus renewed a significant partnership with Tongcheng Travel Holdings, one of China’s largest online travel companies. This enhanced agreement will extend their joint travel solution called “Wetour x Tongcheng,” expanding inter-city charter services across China. The partnership merges Tongcheng’s massive user base—over 240 million paying customers annually—with Webus’s expansive vehicle ecosystem.

According to Zheng, integrating XRP into the payment framework will eliminate common issues associated with currency exchange during international operations. He views this fundamental shift as essential to offering a truly frictionless travel experience worldwide, aligning seamlessly with Webus’s Web3-centric ecosystem, including on-chain records and loyalty systems.

Management also made it clear that while the financing plan is comprehensive, it remains non-binding until formal agreements are signed. All related capital deployment will be subject to due diligence and regulatory compliance, ensuring a structured rollout of each component.

This announcement follows a similarly ambitious move by VivoPower International. The clean energy firm recently secured $121 million to create its own XRP treasury. That deal included strategic investments from high-profile institutional groups, including Saudi royalty. VivoPower plans to utilize the funds for XRP acquisitions, strengthening infrastructure for the XRP Ledger, and reducing corporate debt.

Public companies holding digital assets are not a new trend—Bitcoin continues to dominate institutional portfolios—but treasuries based specifically in XRP are still relatively rare. Both Webus and VivoPower cited XRP’s scalability and minimal fees as key incentives for adopting the token as an enterprise reserve currency.

Related: Expert Advice: Sell XRP If You’re Confused

With XRP now being woven into large-scale operational frameworks and expanding its presence beyond retail speculation, institutional activity like this could redefine how the token is perceived. As Webus International aligns its mobility platform with blockchain and crypto-native technologies, XRP is playing a central role in transforming how cross-border payments are executed in real time.