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by: xpoolPosted on: May 30, 2025

Chinese Company Invests $300 Million in Ripple (XRP) for Global Payments

Despite recent bans on cryptocurrencies in China, Webus International Limited, a Chinese company specializing in AI-powered mobility solutions, is taking a bold step towards international payments. The firm has announced plans to raise up to $300 million in non-capital financing to establish an XRP reserve for global transactions.

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