CryptoSlate
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21:00 May 29, 2025
Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit […] The post Webus International reveals $300M XRP treasury bid to power borderless payments appeared first on CryptoSlate.