XRP Strategic Reserve: Webus Unveils $300M Blockchain Plan

XRP strategic reserve efforts are gaining momentum as Webus International, a China-based premium chauffeur and travel service provider, unveils its ambitious initiative to raise up to $300 million. This non-equity financing is earmarked to establish a comprehensive XRP reserve aimed at bolstering Webus’s emerging blockchain-based payment platform for international transportation services.

According to a recent announcement, the firm intends to leverage XRP’s capabilities for settlement solutions across its global chauffeur operations. The XRP reserve will serve as a liquidity pool to facilitate seamless cross-border payments, booking traceability through blockchain technology, and a decentralized loyalty program built on Web3 infrastructure.

CEO Nan Zheng emphasized that this funding round is designed to strengthen Webus’s fintech core without diluting shareholder ownership. “By opting for instruments like credit lines, shareholder guarantees, and strategic loans, we ensure our capital structure remains intact while embracing innovation,” Zheng noted in the statement.

Webus’ strategic direction aligns with a growing global trend among enterprises recognizing XRP’s potential for real-time settlement. Just days before this announcement, VivoPower International, headquartered in Saudi Arabia, had unveiled its intention to form a $121 million XRP treasury. This emerging pattern underscores the increasing adoption of XRP, currently the fourth-largest digital asset by market capitalization, by institutional players seeking blockchain efficiency.

The financing commitment from Webus is not yet finalized. The company clarified that the plan remains non-binding and will proceed based on satisfactory due diligence and mutually agreeable terms with prospective partners and lenders.

In parallel with its blockchain ambitions, Webus is expanding its longstanding collaboration with Tongcheng Travel Holdings, one of China’s prominent online travel platforms. Through this renewed alliance, the two entities will enhance their “Wetour x Tongcheng” charter offerings. Notably, the XRP Ledger will be integrated as part of this platform to enable instant cross-border settlements for both ride bookings and driver compensation, further demonstrating XRP’s real-world utility.

This integration marks a significant evolution in how businesses within the travel and transport industries are approaching payment settlements. As Webus continues to refine and scale its blockchain infrastructure, XRP stands at the heart of its transaction framework, underpinning a more transparent, efficient, and borderless financial system.

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

The renewed vision of Webus signals not only its commitment to digital transformation but also highlights the growing relevance of decentralized technologies in conventional industries. With key alliances and strategic funding initiatives underway, Webus is positioning itself at the forefront of Web3-enabled transportation services.