The core is that Xiaomi leverages $SEI blockchain technology to provide mobile financial services globally, while also promoting stablecoin payments into consumer-level scenarios.
For Xiaomi
No longer just selling phones and home appliances; this APP will help expand overseas financial operations, such as cross-border payments and transfers, making their ecosystem (phones, cars, home appliances) more complete. When selling phones overseas, there will also be an additional selling point.
For our users (not locals overseas)
In the future, using the new Xiaomi phone, there is no need to download the APP separately, you can directly use stablecoins for payments and cross-border transfers, which are fast and cheap, much more convenient than traditional cross-border remittances. Who knows, in the future, you might even be able to buy Xiaomi products directly with stablecoins.
For the entire industry
This is the first time that major mobile manufacturers have collaborated on a large scale with blockchain platforms for payments, which is a good start for the everyday use of stablecoins, and it also lets more people know that blockchain is not just about speculating on cryptocurrencies, but can be truly applied in real life.
