The new Xiaomi phone will have a built-in Sei cryptocurrency wallet, and it will likely be able to buy the Xiaomi SU7 with stablecoins in Hong Kong as early as Q2 next year.

Sei blockchain announces partnership with Chinese mobile giant (XiaoMi). Future models of Xiaomi smartphones sold outside China and the US will come pre-installed with Sei’s cryptocurrency wallet and app. The stablecoin payment feature is expected to launch in the EU, Hong Kong, and other countries with stablecoin legislation as early as Q2 next year, enabling users to purchase Xiaomi smartphones and electric vehicles with stablecoins.

New Xiaomi smartphones will have built-in Sei cryptocurrency wallets

According to the partnership announcement, Sei’s cryptocurrency wallet will be pre-installed on all new Xiaomi smartphones sold outside mainland China and the US. The initial rollout will prioritize regions with higher acceptance of cryptocurrency, including Europe, Latin America, Southeast Asia, and Africa, where Xiaomi holds a significant market share. This collaboration will provide millions of people with their first access to cryptocurrency, especially in Xiaomi-dominated markets like Greece (36.9%) and India (24.2%).

According to Xiaomi’s official data, the second quarter of 2025 will see a shipment volume of 42.4 million units, ranking among the top three globally with a market share of 14.7%. Xiaomi’s market share in Southeast Asia will rise to first place, reaching 18.9%. In Europe, it will climb to second place with a market share of 23.4%. In the Middle East and Latin America, Xiaomi maintains second position with market shares of 18.7% and 19.6%, respectively. In Africa, it ranks third with a market share of 14.4%.

Stablecoin payments could be available in Hong Kong for Xiaomi electric vehicles as early as Q2 2026

Sei’s developed app will be integrated into Xiaomi’s extensive ecosystem. Once completed, both parties may implement stablecoin payments across Xiaomi’s mobile ecosystem and its over 20,000 global retail locations, including native stablecoins like USDC on Sei. The upcoming app will feature an MPC (multi-party computation) wallet for enhanced security, providing access to decentralized applications (dApps), peer-to-peer (P2P) transfers, and consumer-to-business (C2B) payments.

The stablecoin payment feature is expected to roll out in markets with stablecoin legislation, such as Hong Kong and the EU, as early as Q2 2026. Depending on regulatory developments, it may expand to other compliant markets. In the future, users may be able to purchase Xiaomi products—from smartphones to electric vehicles—using stablecoins.

This article “New Xiaomi smartphones will have Sei cryptocurrency wallets, with the earliest availability in Hong Kong for stablecoin purchases of Xiaomi SU7 in Q2” first appeared on Chain News ABMedia.