Cryptocurrency
XRP News: Webus International Unveils $300 Million XRP Integration Fund – Crypto News
The latest XRP news features Webus International, which has announced a bold move with its new $300 million XRP Integration Fund. Notably, this marks a major step in using blockchain to support international mobility services. The plan is centered on using XRP to power faster, cheaper cross-border payments and build a new infrastructure for global travel. Webus International and the XRP Fund The company has announced plans to raise $300 million through various non-equity financing sources. As revealed in this XRP news, this will include bank loans, shareholder guarantees, and institutional credit lines. This fund is intended to establish an XRP reserve that will support global payment services across its chauffeur and mobility network. CEO Nan Zheng’s goal is to create a blockchain-based infrastructure that eliminates delays and high fees usually associated with international transactions. This move includes developing wallets, Web3 loyalty tokens, and on-chain booking systems, all of which… Read More at Coingape.com
The post XRP News: Webus International Unveils $300 Million XRP Integration Fund appeared first on CoinGape.
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