Key Notes

The wallet will enable peer-to-peer stablecoin transfers and merchant payments through Mi Pay across 20,000 retail locations.

Deployment begins in Hong Kong and the EU during Q2 2026, covering Europe, Latin America, Southeast Asia, and Africa initially.

Industry experts call this the largest hardware distribution deal in cryptocurrency history, surpassing previous Samsung and Aptos initiatives.

Sei announced a partnership with Xiaomi on December 10 that will put a pre-installed crypto wallet and discovery app on every new Xiaomi smartphone sold outside mainland China and the United States. The app, built on Sei infrastructure, will use Google or Xiaomi IDs for sign-up and include multi-party computation security. It will let users send stablecoins peer-to-peer and, later, pay

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