Webus Invests in XRP: $300M Treasury to Streamline Global Chauffeur Payments

An unexpected price surge and subsequent reversal left many XRP traders holding significant losses. This week, Webus International is taking a more strategic approach, planning a $300 million XRP-based corporate treasury to streamline its global chauffeur payment system. The company has filed with the SEC, outlining their intent to create this treasury using loans and credit facilities, instead of raising new capital through share issuances. This bold move marks a shift in the corporate adoption of XRP for financial operations beyond trading.