XRP News Today: "Webus to Raise $300M via Non-Equity Financing for XRP Reserve, Streamlining Cross-Border Payments"

Webus International, a China-based provider of global chauffeur and mobility services, has announced plans to raise up to $300 million through non-equity financing to establish a strategic reserve of XRP. The reserve aims to support cross-border payments within its global chauffeur network, streamlining transactions and reducing operational costs. The company will source funds through loans, credit lines, and shareholder guarantees, avoiding equity dilution, according to CEO Nan Zheng.

The initiative integrates XRP’s blockchain infrastructure to enable real-time settlements for drivers, customers, and partners. Webus highlighted XRP’s efficiency in cross-border transactions, which it claims offers faster processing and lower fees compared to traditional banking systems. The company also emphasized the role of the reserve in bolstering liquidity for its expanding services, particularly through on-chain booking records and a Web3-based loyalty program.

Webus confirmed a renewed partnership with Tongcheng Travel Holdings, a major Chinese online travel agency, to expand their joint “Wetour x Tongcheng” charter services. The collaboration will utilize the XRP Ledger to settle cross-border rides and driver payouts, further embedding blockchain technology into its operations. The move aligns with Webus’ broader strategy to modernize its payment systems and reduce reliance on intermediaries.

The financing plan remains non-binding, contingent on final agreements and due diligence. Webus’ decision to avoid equity-based fundraising reflects a strategic focus on preserving stakeholder value while scaling infrastructure. The company’s adoption of XRP underscores a growing trend among businesses to explore blockchain solutions for global financial operations, particularly in sectors requiring efficient cross-border payments.

Analyzing the move, Webus positions itself as an early adopter of blockchain-driven financial tools in the mobility sector. By leveraging XRP’s capabilities, the company aims to address longstanding inefficiencies in international transactions, such as delays and high intermediary costs. The strategic reserve also signals confidence in XRP’s long-term utility, potentially enabling Webus to capitalize on rising demand for borderless payment solutions.

However, the success of the initiative hinges on sustained growth of the XRP ecosystem and regulatory clarity surrounding digital assets. Webus’ partnership with Tongcheng strengthens its presence in China’s travel and mobility markets, where blockchain adoption is accelerating. The non-equity financing structure further demonstrates a shift toward sustainable growth models prioritizing operational efficiency over short-term capital raises.

Webus’ approach aligns with industry-wide efforts to integrate blockchain into core operations, driven by the need to reduce costs and enhance scalability. For the company, the XRP reserve represents both a financial instrument and a foundational step toward technological and operational resilience. As cross-border commerce continues to evolve, Webus’ strategy may serve as a blueprint for other firms seeking to leverage blockchain’s potential in global services.

This press release is based on publicly disclosed information from Webus International. No speculative data or external sources have been incorporated.