42.4 million Xiaomi phones come with the Sei wallet pre-installed! Hong Kong leads the way in using stablecoins to buy SU7

Sei Blockchain Announces Partnership with China Mobile Device Giant Xiaomi; New Xiaomi smartphones will come pre-installed with Sei’s cryptocurrency wallets and applications. In Q2 2025, Xiaomi’s smartphone shipments will reach 42.4 million units. The stablecoin payment feature is expected to be launched as early as Q2 2026 in markets such as Hong Kong and the European Union, where stablecoin regulations are in place. In the future, users may be able to purchase Xiaomi products—ranging from smartphones to the SU7 electric vehicle—using USDC native to Sei.

42.4 million units shipped per quarter: Xiaomi becomes Sei’s largest hardware partner

小米手機內建Sei錢包

(Source: Sei)

The scale of Xiaomi and Sei’s cooperation far exceeds typical hardware integration cases for blockchain projects. According to Xiaomi’s official data, in Q2 2025, Xiaomi will ship 42.4 million smartphones, meaning over 40 million pre-installed Sei wallets will enter the market each quarter. Annually, this could potentially reach over 160 million users, marking the largest pre-install promotion in cryptocurrency wallet history.

Xiaomi’s strong global market position provides Sei with excellent penetration opportunities. Xiaomi’s market share has risen to first place in Southeast Asia, at 18.9%; to second in Europe, at 23.4%; and remains strong in the Middle East and Latin America, at 18.7% and 19.6% respectively; in Africa, it ranks third with a 14.4% market share. These regions share common characteristics: higher cryptocurrency acceptance, relatively friendly regulatory environments, and less developed traditional financial infrastructure compared to developed countries.

Initial promotion will prioritize regions with higher crypto acceptance, including Europe, Latin America, Southeast Asia, and Africa. This cooperation will serve as the first access point for millions to engage with cryptocurrencies, especially in Xiaomi-dominant markets like Greece (36.9% Xiaomi market share) and India (24.2%). For many users who have never used cryptocurrencies, the pre-installed Sei wallet on their phones may become their first contact with digital assets.

It is worth noting that this partnership excludes the Chinese and U.S. markets. The exclusion of China is due to strict restrictions on cryptocurrency trading in the country, while the U.S. exclusion may relate to regulatory uncertainty and market competition. This geographical selectivity demonstrates Xiaomi and Sei’s cautious approach to compliance, launching services only in markets with clear legal frameworks.

Hong Kong Q2 2026 Leading: Stablecoin Payments for Xiaomi SU7 Electric Vehicle Come True

The stablecoin payment feature is expected to be launched as early as Q2 2026 in markets such as Hong Kong and the EU, where stablecoin regulations are established, with expansion to other compliant markets following regulatory developments. Hong Kong was chosen as the initial launch market not by chance; it introduced a comprehensive stablecoin regulatory framework in 2024, providing legal certainty for compliant stablecoin issuance and use. The EU’s MiCA regulation similarly offers a clear regulatory pathway for stablecoins.

In the future, users may be able to purchase Xiaomi products—from smartphones to the SU7 electric vehicle—using stablecoins. The realization of this application scenario will be a major breakthrough in cryptocurrency payments. Buying a smartphone worth thousands of dollars or an electric vehicle costing tens of thousands of dollars with crypto is far more meaningful than using crypto to buy coffee. High-value items paid with crypto can truly demonstrate the practical value of stablecoins in the real world.

Since its launch, Xiaomi’s electric vehicle SU7 has achieved enormous success in China, with orders queued for months. If Hong Kong users can directly purchase the SU7 using stablecoins like USDC, it will create multiple benefits: consumers can avoid exchange rate fluctuations and cross-border transaction fees, Xiaomi can attract high-net-worth crypto holders, and traditional payment channels will be less costly. For investors holding large amounts of USDC, paying directly with stablecoins may be more convenient than converting to fiat currency first.

Xiaomi Sei Wallet Use Cases and Timeline

Q2 2026 Hong Kong and EU Launch: Stablecoin payments for Xiaomi smartphones, SU7 electric vehicles, and other products

Gradual expansion to 20,000 retail outlets globally: Offline stores accepting USDC and other stablecoins

Integration with Xiaomi ecosystem: Xiaomi Home, online store, after-sales services, and more to support crypto payments

Future expansion to other markets: Depending on local regulations, including Latin America, Southeast Asia, and Africa

Sei’s developed applications will be integrated into Xiaomi’s extensive ecosystem. Once development is complete, both parties may deploy stablecoin payments across Xiaomi’s mobile ecosystem and its over 20,000 global retail locations. This comprehensive online and offline integration strategy will turn crypto payments from a concept into everyday life.

MPC Wallet and $5 Million Innovation Fund

The upcoming Sei wallet app will feature an MPC (Multi-Party Computation) wallet to enhance security, providing access to decentralized applications (dApps), P2P transfers, and consumer-to-business (C2B) payments. MPC technology is one of the most advanced solutions for crypto wallet security, splitting private keys into multiple parts stored separately to avoid single points of failure.

Compared to traditional single-key wallets, MPC wallets can prevent asset loss even if part of the key is compromised, while maintaining full user control over assets. This technology is especially suitable for mobile devices, as phones are more prone to loss or theft. MPC architecture offers additional security, making it easier for Xiaomi users unfamiliar with cryptocurrencies to adopt seamlessly.

Sei also announced the establishment of a $5 million global Mobile Innovation Fund to accelerate blockchain adoption in consumer devices. This fund will support developers building mobile-first dApps within the Sei ecosystem, focusing on payments, gaming, and social scenarios. The partnership between Xiaomi and Sei provides developers with direct access to hundreds of millions of users, potentially attracting a large number of high-quality projects to deploy on Sei.

This collaboration is a milestone for Xiaomi, Sei, and the entire crypto industry. Xiaomi is entering the Web3 space, adding a fintech dimension to its ecosystem. Sei gains access to hundreds of millions of hardware users, becoming one of the few blockchain projects to achieve large-scale hardware pre-installation. The crypto industry sees a pathway from niche to mainstream: not through speculation but through deep integration with consumer electronics giants, embedding crypto features seamlessly into everyday devices.

However, success is not guaranteed. User education, regulatory compliance, and actual usage are challenges to overcome. Pre-installation does not automatically mean active use; motivating users to activate wallets and transact will be a joint effort for Xiaomi and Sei.

SEI-5.78%
USDC-0.02%
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