Sei Labs, the core development group behind the Sei blockchain, has reached a distribution deal with Xiaomi to pre-install a new crypto wallet and discovery app on all Xiaomi smartphones sold outside mainland China and the United States.
According to Thursday’s announcement, the app will let users sign in with their existing Google or Xiaomi IDs and will feature a multiparty computation wallet for security, access to popular crypto applications, and support for both peer-to-peer and merchant payments.
The rollout will start in Europe, Latin America, Southeast Asia and Africa. Sei Labs is also creating a $5 million program aimed at funding mobile projects that bring blockchain features to consumer devices.
The companies plan to add stablecoin payments across Xiaomi’s retail and online channels, allowing customers to purchase devices, including phones and electric vehicles, using assets like USDC, which is supported by Sei. Early launches are targeted for Hong Kong and the EU by mid-2026, with broader expansion to follow.
Read more: cointelegraph.com
Source: CRYPTO WORLD NETWORK NEWS
