China’s Webus Invests $300M in XRP to Modernize Mobility Services

Webus International Limited, a prominent player in China’s Collective Mobility Service market, has announced a strategic financing plan of up to $300 million. This investment will fund the establishment of an XRP reserve, signifying Webus’ commitment to modernizing its mobility services and exploring the role of digital assets like XRP within enterprise payment systems. influencer @Crypto_Barbie shared the news with the XRP community. The company has not elaborated on specific operational details, but this focus on XRP highlights its potential for real-world application in payment systems.