Webus, a Chinese AI-driven mobility company, wants to make chauffeur paymentsfrictionless with a $300M XRP reserve. Markets? Unimpressed — for now.Webus Rolls Out $300M XRP Treasury PlanChinese AI-powered mobility giant Webus International Limited justlobbed a bold pitch into the crypto world: it’s aiming toraise up to $300 million to build a dedicated XRP reserve to support itsexpanding borderless payments ambitions. At the same time, the company isalso renewing its partnership with Tongcheng Travel Holdings Ltd., a leadingChinese tourism firm.JUST IN: Webus International Limited to buy up to $300 Million worth of $XRP to establish strategic reserve, develop infrastructure and accelerate global expansion initiatives. pic.twitter.com/WmHOw931GR— Whale Insider (@WhaleInsider) May 29, 2025In a May 29 announcement,Webus revealed it will pursue a non-equity financing route to fund the warchest — think bank loans, shareholder guarantees, institutional credit lines,and some of its own reserves.CEO Nan Zheng said of the move, "These strategic developments havethe potential to create a powerful synergy between our domestic andinternational operations," said Nan Zheng, Chief Executive Officer ofWebus. "Our partnership with Tongcheng strengthens our China networkinfrastructure, while the integration of an XRP blockchain integration has thepotential to revolutionize how we handle cross-border payments for bothpartners and travelers worldwide."In short: Webus wants XRP to be the grease in its global wheels —cutting out currency-conversion headaches and enabling instant chauffeurpayments, refunds, and cross-border settlements for its AI-driven travelservices.Why XRP? It’s About Speed, Costs — and Corporate TrendsettingSo why XRP? It boils down to the low-fee settlement layer, rapidtransaction times, and seamless integration with the Ledger — all key forpowering international services without the typical FX friction.BOOOOOOOOOOOOOOOM!!! 💥Webus International is set to scoop up $300 MILLION in XRP to build a strategic reserve, power blockchain infrastructure & EXPLODE onto the global stage! #XRP pic.twitter.com/toje73DppC— Levi | Crypto Crusaders (@LeviRietveld) May 29, 2025Zheng positioned it as a natural fit, “Internationally, our potentialXRP implementation can eliminate traditional payment friction, allowing instantsettlement with chauffeurs and service providers worldwide while providingimmediate refunds when needed. Together, these initiatives can create a trulyborderless travel experience for our customers."The initiative is part of a wider three-pronged strategy:Building the reserveDeveloping proprietary blockchain infrastructure (wallets, Web3 loyaltytokens, on-chain booking records)Accelerating global expansion of Webus’s mobility platformAnd while XRP-based treasuries remain rare (Bitcoin still dominates the corporatetreasury scene), Webus’s move signals rising institutional curiosity. In fact, this announcement comes after VivoPowerInternational revealed its own $121M treasury plans — a trend worthwatching.Market Reaction: XRP Stays… Yawn… FlatHere’s the kicker: despite the headline-grabbing $300M bid, XRP’s pricebarely moved.Crypto markets didn’t exactly throw a ticker-tapeparade for Webus. But that’s not entirely surprising: the planremains non-binding and is contingent on due diligence and final documentation.Nothing has been purchased yet, and no timeline for closing the financing hasbeen disclosed.Still, institutional interest is percolating. XRP has notched recentwins, including a CME futures listing, and thefirst ETF from Volatility Shares. Multiple spot ETF applicationsare also pending with the SEC.Translation: even if markets aren’t pumping on this news, institutionalvalidation of XRP is creeping forward.Will Corporates Warm Up to XRP Treasuries?Corporate adoption of XRP as a treasury asset remains nascent — this isno MicroStrategy Bitcoin repeat (yet). But Webus’s move, combined withVivoPower’s, suggests that XRP’s utility-driven thesis (cheap cross-borderpayments) is resonating in certain verticals.And Webus isn’t exactly a crypto-native firm — this is an AI-poweredmobility player looking to integrate blockchain to solve real-world paymentproblems across its chauffeur networks and Tongcheng partnership.If this bet pays off, expect more non-crypto firms to explore XRP orsimilar tokens for niche treasury and operational use cases.For now, XRP holders may have to settle for potential, not pumps. Butin an increasingly multi-chain, multi-asset world, watching which corporatesback which tokens could soon matter more than watching price charts alone.This article was written by Louis Parks at www.financemagnates.com.