Webus International (WETO) announced plans to establish a tokenized travel reward exchange platform integrating XRP stablecoin settlement to enhance cross-border reward redemption and value conversion across the fast-growing loyalty industry. The initiative targets the $20+ billion global loyalty management market according to research by Grand View Research and ResearchAndMarkets.com, aiming to improve liquidity, transparency, and interoperability between airline, hotel, and mobility reward ecosystems. By combining blockchain-based tokenization with the stability and efficiency of XRP stablecoin settlement, Webus seeks to enable travelers to exchange, redeem, and utilize their rewards seamlessly across multiple brands and regions in real time. Development will proceed in phases, subject to regulatory compliance and jurisdictional approvals. Webus is currently evaluating pilot programs with travel partners in North America and Asia, with broader rollouts planned as market adoption grows.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WETO:
- Webus International plans to establish U.S. headquarters
- Why XRP Could Be the ‘Sleeper Asset’ That Outlasts Rivals
- Webus International Limited Announces Board Changes with New Director Appointments
- Webus International Partners with Air China to Enhance Travel Services
- Webus International signs strategic partnership agreement with Air China