Sou Hu Cai Jing·2025-09-07 11:34Core Insights - Webus International Limited has announced a strategic partnership with Air China to integrate XRP payment support for its travel service brand Wetour, targeting over 60 million "Phoenix Miles" members globally [1][2] - The collaboration aims to enhance the travel experience for high-end passengers while navigating China's strict cryptocurrency regulations [2][3] - The partnership highlights a trend among Chinese companies to cautiously explore the global cryptocurrency economy through overseas platforms [6][9] Summary by Sections Partnership Details - The core of the partnership involves Wetour providing airport transfer and high-end car services to Air China's "Phoenix Miles" members and global passengers [2] - Webus CEO Zheng Nan stated the goal is to create a tourism ecosystem integrated with Ripple, promising faster settlement speeds and tokenized rewards [2][3] Regulatory Considerations - The announcement emphasizes that XRP payment support will be limited to Wetour's "overseas platform," isolating the application from domestic regulatory constraints [3][7] - The initiative is described as a future plan, subject to business development and regulatory compliance [7] Market Trends - The collaboration reflects a broader trend of Chinese companies adopting "going abroad" strategies to engage with the global cryptocurrency market while maintaining compliance at home [6][8] - Other companies, like Linklogis, are also integrating blockchain technology for international operations while adhering to domestic regulations [8] Long-term Implications - If successful, this partnership could set a benchmark for integrating loyalty programs in the airline and tourism sectors with Web3 solutions, providing tangible value to millions of users [9][11] - The collaboration illustrates a strategic navigation of complex regulatory environments, showcasing how leading Chinese enterprises are cautiously exploring Web3 technologies [11]