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برچسب: Adoption

  • Webus Plans $300M Push to Boost XRP Adoption for Global Payments

    Webus Plans $300M Push to Boost XRP Adoption for Global Payments


    • Webus unveils $300M plan to build XRP reserve and drive global blockchain expansion.
    • Funds will support cross-border payments, digital wallets, and Web3 loyalty tools.
    • Despite revenue drop, Webus stock jumps 34% as investors back its XRP strategy.

    In a major development, Webus International Limited has announced a strategic plan to raise $300 million to boost XRP adoption. The Chinese AI mobility company aims to use non-equity financing to support the use of XRP in cross-border payments. This decision will enable the company to deliver even faster and more affordable cash transfers to its international clients.

    Webus to Raise $300M for XRP Reserve and Global Growth

    With the resulting funds, Webus will add to its reserve of XRP. The company is confident that the reserve will make it possible to settle international payments immediately. At the same time, Webus will design tools based on blockchain technology for digital wallets, Web3 loyalty tokens and secure recorded bookings. The objective of these features is to improve and clarify the way customers use the app.

    The money will also help Webus to enhance what it offers in countries worldwide. Doing this involves bringing AI-enabled mobility services to countries outside the United States. As a result, the $300 million plan focuses on three main objectives: establishing the XRP reserve, expanding blockchain infrastructure, and facilitating the company’s rapid global expansion.

    Furthermore, Webus is renewing its joint partnership with Tongcheng Travel. Wetour and Tongcheng are helping to provide the Wetour × Tongcheng inter-city charter service, now used by millions. The large user base at Tongcheng will support Webus in connecting with more people in China. Thanks to this, Webus can build a strong standing in the national market as it looks to enter other countries.

    CEO Nan Zheng says that teaming up with Tongcheng again will strengthen Webus’ position in China. At the same time, using XRP will allow the company to increase the efficiency of payments conducted across borders. Payouts and refunds can be made with XRP instantly and at a low price. As a result, Webus could distinguish itself from others in the competitive mobility and fintech market.

    Webus Stock Soars 34% Despite Financial Struggles

    However, there are still challenges to face. The $300 million plan is still being worked out and is based on reaching agreements with the funders. Webus is also experiencing financial difficulties. This year, the company’s revenue went down by 54%, leaving it at $5.35 million. Financial analysts assessed the company with a weak health rating which might reduce investor confidence.

    Still, the stock market moved higher after the news was released. Once the announcement was made, shares of Webus (WETO) went up by more than 34%. This high jump reflects that investors think positively about the next steps the company is taking and its approach to blockchain.

    Lastly, Webus’s focus on blockchain technologies proves how industries that used to avoid digital solutions are now turning to blockchain for help. To improve its services in Tongcheng and other areas, Webus has built an XRP reserve and started cooperating with Tongcheng. If successful, this could not only boost XRP adoption but also reshape how payments are made in the mobility industry.

     



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  • Bitcoin Adoption in the Global South: How Trezor Academy Is Driving Real Change | by Henry Windle | May, 2025


    Welcome to Trezor Pulse! This month, we’re sharing self-custody tips, second wallet strategies, Trezor Suite updates, and a five-star review we can’t stop smiling about.

    Let’s dive into the latest updates and insights from Trezor.

    ­Hi,

    I’m Josef Tětek, Trezor Academy Lead at Trezor.

    You’ve probably heard about Trezor Academy, our global, non-profit initiative that accelerates Bitcoin adoption through free, in-person education. But you might not know that Alex Gladstein’s book Check Your Financial Privilege inspired the whole thing! It showed that Bitcoin helping out with financial inclusion wasn’t just a theory and that it is actually already happening. It’s already fixing broken systems around the world.

    That’s when I knew we had to support bottom-up, community-led education. At Trezor Academy, I work with local leaders who are trusted in their communities and can teach Bitcoin in the proper cultural context. You can’t just fly in as an outsider and preach. Local adoption needs local voices.

    The reality? In many parts of Africa and South America, fiat money doesn’t work. As a store of value or as a medium of exchange, the infrastructure and credibility simply aren’t there. Cross-border payments are often impossible… unless you use Bitcoin.

    This is where the real Bitcoin revolution is happening. Bitcoin’s future may well be decided in the Global South, as it offers a strong alternative to fiat money’s most pressing issues and is permissionless, unlike any other potential solution. Bitcoin thrives in hostile financial environments, which then drives adoption and innovation.

    One example is Machankura, a project that lets users send and receive sats using a phone number. Communities across eight African countries (and counting!) already use the Lightning Network on basic mobile phones. Projects like this are reshaping entire economies. In many ways, the Bitcoin economy is more advanced in Africa than Europe or America, and the population is far younger.

    If you’re not paying attention to Bitcoin’s revolution in the Global South, you probably should be.

    Thanks to everyone supporting this project, from local organizers to Bitcoiners, for spreading the word.

    Take control.

    ­­Josef Tětek
    Trezor Academy Lead at Trezor­

    Learn more about Josef and his work with Trezor Academy in our latest podcast



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