The latest XRP is the website International in the news, which has announced a bold step with its new $ 300 million XRP integration fund. In particular, it is a major step in using blockchain to support international mobility services. The plan focuses on using XRP rapidly, paying the affordable border to pay and creating a new infrastructure for global travel.
Website International and XRP Fund
The company has Announced There are plans to raise $ 300 million through various non-equity financing sources.
As revealed in this XRP news, it will include bank loans, shareholders guarantee and institutional credit lines. The purpose of this fund is to establish an XRP reserve that will support global payment services in its Chufar and Mobility Network.
CEO Nan Zheng aims to create a blockchain-based infrastructure that usually eliminates delays associated with international transactions and high fees. The move includes developing wallets, web 3 loyalty tokens and on-chant booking systems, all of which will be supported by the XRP network.
This initiative is part of a comprehensive effort to modernize the services of Webus for international travelers.
It also complements the company’s renewed partnership with Tongcheng Travel Holdings, a major online travel platform in China. Their joint services aim to cover everything from local transport for faster and low -cost payments within Chinese cities for riding in various countries.
XRP is playing a new role in corporate reserve strategies
Webus is not alone in search of XRP for corporate use. Another Nasdaq-listed company, Vivopower, recently launched the first XRP-focused Treasury Strategy. Vivopower raised $ 121 million To create an XRP reserve, adding the growing trend among public companies towards blockchain-based reserves.
The move is led by his Royal Highness Prince Abdulziz bin Turkish Abdulziz Al Saud. He helped lead a private offering, where 20 million shares were sold in each $ 6.05.
Vivopower sees XRP as an important part of its strategy to support decentralized finance. The firm is also seeing what it claims about the future digital asset plans of the US government.
XRP News: RLUSD StableCoin traction
The XRP price was $ 2.27, which was slightly above 0.42%. There is speculation that XRP may enter a strong bull run if Trump Media announced a plan to include it $ 2.5 billion bitcoin strategy,
In another XRP news, the Associated Ripple is gaining more traction in the USD (RLUSD) StableCoin ecosystem.
recently, Euler Finance Integrated RLUSD As part of your mission to run your decentralized finance platform. After this step, users can now lend, lend or use RLUSD on the platform. RLUSD is also listed on Gemini, Revolt and zero hash platforms.
Essentially, it shows that more institutions are starting to rely and use products related to the ripple lab directly. It has a net-positive effect on the XRP and Ripple overall.
Godfrey benjamin
Benjamin Godfrey is a blockchain enthusiastic and journalist who writes about the real -life applications of blockchain technology and innovations that are for general acceptance and emerging technology to run integration worldwide. His desires to educate people about cryptocurrency inspire his contribution to famous blockchain -based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow it X, Linkedin
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