Webus International Limited has announced plans to create a $300 million XRP reserve for international settlement.
Announcement of XRP Reserve
On May 30, 2025, Webus International announced the creation of a $300 million XRP reserve for global payment settlements. This statement highlights shifts in corporate treasury management strategies.
The XRP reserve initiative may streamline cross-border transactions and enhance the company's operational capabilities in mobility.
Financial and Operational Benefits
According to CEO Nan Zheng, this new treasury approach aims to lower operational costs, increase transaction transparency, and speed up settlements. This positions Webus at the forefront of the AI-driven mobility sector.
Partnership with Tongcheng Travel Holdings Ltd. strengthens the company’s domestic operations while leveraging XRP for international expansion.
Industry Trends
The announcement aligns with a broader industry trend as companies increasingly turn to cryptocurrency reserves. While long-term implications of this strategy require further observation, historical trends indicate that the use of XRP by corporate treasuries helps minimize currency conversion issues and enables more efficient cross-border finance.
Webus International is making a significant move towards utilizing cryptocurrencies for global settlements, which may affect traditional financial systems.
