Three major companies, including Wellgistics Health and VivoPower International, are planning to use XRP as a treasury reserve asset for faster and secure payments.
Wellgistics Health has invested $50 million in XRP for real-time payments, aiming to move away from slow payment systems.
VivoPower International raised $121 million with plans to use $100 million for purchasing XRP tokens to create an XRP-based digital asset treasury.
Webus International, a China-based company, intends to create a $300 million XRP reserve for simplifying cross-border transactions using Ripple's blockchain network.