Is XRP Dead? Price Fails to Rally as China’s Webus Announces $300M Strategic Reserve

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XRP has turned out to be the new favorite for corporate treasuries. Companies are now adding XRP to their balance sheets. Latest addition is Webus International, a Chinese AI company, which has just announced a $300 million plan to build an XRP reserve. This reserve is aimed at boosting global payment settlements and financing will come through non-dilutive sources such as bank loans, institutional credit, and internal reserves. All without issuing new shares.

XRP2.04%
RLY-0.79%
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