The team behind the Sei cryptocurrency network announced on December 10 that Xiaomi’s next mobile phone will have a wallet built-in by default for making stablecoin payments and transfers.
This wallet will be pre-installed on devices sold outside mainland China and the United States. Priority will be given to “regions where virtual currency implementation has already been integrated.” Europe, Latin America, Southeast Asia, AfricaXiaomi has a large market share.
According to the announcement:
The planned integration aims to allow customers to purchase Xiaomi products (from smartphones to electric cars) using stablecoins native to SEI, such as USDC. The initial launch of stablecoin payment functionality is scheduled for the second quarter of 2026 in Hong Kong and the European Union, with subsequent expansion to other compliant jurisdictions.
A message from Sei.
According to a statement, it is a “next-generation financial application powered by SEI and designed for stablecoin payments” and will be part of Xiaomi’s mobile ecosystem from the factory.
However, it is not clear from which version of the Xiaomi operating system the applications will be added.
Sei Network is a Layer 1 (L1) chain supported by the Ethereum Virtual Machine (EVM). This makes it easy to integrate applications and tools already built for that environment. Faster and direct access to Xiaomi users.
Other features of the upcoming Xiaomi mobile phone stablecoin wallet
The wallet of the following Xiaomi devices will allow you to log in with your Google Account or Xiaomi ID.
Additionally, the use of security bases multiparty calculation (Multi-Party Computing or MPC), the following systems: Protect private key fragments in multiple parts To prevent funds from being compromised by a single point of failure.
The use of MPC means that the next Xiaomi device will have a wallet. Not complete self-regulationThis is because rather than the user controlling all parts of the key, the company (in this case Xioami or Sei) typically holds some pieces of the key.
The tool supports transfers between users and payments between consumers and businesses. According to a statement, it offers “curated access to featured decentralized applications” and a simplified user experience for those new to cryptocurrencies.
Finally, the announcement highlights that this integration will “enable stablecoin payments at a network of over 20,000 Xiaomi retail stores” in addition to the catalog of digital products.
The highlighted intent is that the user You can pay for your phone, household appliances, and even electric cars Use stable cryptocurrencies like USDC.