Wetour, linked to Air China's PhoenixMiles loyalty program, has rolled out XRP payment options on its international platforms.
Features of the New Offering
Wetour has announced support for XRP payments for services like airport transfers and private car rentals abroad. This rollout is framed as an experiment with digital assets in specific international settings.
Restrictions Due to China's Cryptocurrency Ban
Mainland China has strict bans on cryptocurrency usage, prohibiting digital asset payments. XRP will be available only to the 60 million PhoenixMiles members traveling outside of China.
Blockchain Strategy Abroad
Industry observers view this initiative as part of a broader trend, where state-linked Chinese firms experiment with blockchain solutions overseas, allowing them to analyze digital asset adoption while avoiding conflicts with domestic regulations.
Therefore, Wetour's initiative regarding the use of XRP overseas marks an interesting step towards exploring digital assets despite the stringent restrictions present in mainland China.