Almost everyone in the cryptocurrency industry is paying attention to the latest XRP news regarding Webus Secure Exchange. This Nasdaq-listed company stated that it would seek SEC approval for a substantial XRP holding exceeding $300 million. As XRP makes its next moves, many people believe this could lead to more widespread adoption of decentralized financial systems and a significant surge in XRP price.
While everyone is sharing the exciting XRP news, a debut Pay-Fi platform is also earning attention in the crypto world. Using this platform, people can send cryptocurrency to anyone, anywhere, and the funds are converted to fiat and sent to the recipient’s bank immediately.
Let’s learn more about the XRP news and also why investors should adopt the new Pay-Fi platform.
Webus International sparks XRP price surge with $300M reserve for real-world use
Webus International, a Chinese AI mobility firm, has announced a $300 million reserve in XRP, aiming to utilize it for real-world business functions such as cross-border payments and travel automation. This move was formally disclosed through a U.S. Securities and Exchange Commission (SEC) filing, signaling a significant shift in how companies view digital assets. Analyst Pumpius believes this could mark a turning point in corporate finance.
Rather than selling shares, Webus is using its savings, credit, and loans to fund the XRP reserve, protecting shareholder value. They’ve also signed a legal agreement with Samara Alpha, a digital asset firm, to manage the treasury securely and professionally. Though no XRP has been moved yet, the setup is already active and legally binding.
XRP 1M price chart. Source: CoinMarketCap
Since the announcement, XRP’s price has climbed 4.74% in the past month, reaching $2.19. Community response has been overwhelmingly positive, with 88% of 1.1 million voters expressing a bullish outlook. This suggests growing trust in XRP’s real-world utility beyond just trading.
Send crypto anywhere: Remittix converts to fiat instantly worldwide
Users are drawn to Remittix for its straightforward method of sending cryptocurrencies to any part of the world. Its main emphasis is that you can transfer cryptocurrency to any bank account worldwide. It’s created for users and businesses that require both the benefits of blockchain and the legal systems they are used to.
A key feature of Remittix is its crypto-to-fiat payment engine, which enables users to switch between cryptocurrency and traditional currency. In contrast to most crypto transactions, Remittix lets users send crypto, and the funds are right away converted and deposited into the recipient’s bank account in their currency of choice.
For example, a US company may use USDT to pay a German supplier, and the money appears as euros in the supplier’s bank account, even if neither party knows that this process originated as cryptocurrency.
Multi-currency is another helpful feature that Remitix offers. You can use the platform for more than 30 fiat currencies and over 50 cryptocurrency pairs. With this, freelancers, remote staff, and nomads can now earn crypto and change it to their local currency with no hassle.
Act fast: Remittix presale price rising by 3.8% soon
Remittix, while in its presale, is allowing the first investors to get RTX tokens at a special rate. So far, the team has raised over fifteen million due to high demand. Currently, a single RTX is worth $0.0781, and the price is expected to increase to $0.0811 in the next phase. That’s an increase of 3.8%, and this is just the early stage of the rally. Analysts predict that the share price could reach $0.70 within the next 12 months, representing a significant gain.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix